US Dollar Gains Momentum Ahead of Key Inflation Data Release

Thursday, 28 March 2024, 19:36

The US Dollar strengthened on the back of hawkish comments by Fed official Waller, hinting at prolonged rate stability. Stay tuned as investors await the Fed's favored inflation gauge's impact on the currency markets.
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US Dollar Gains Momentum Ahead of Key Inflation Data Release

Forex Today: US Dollar firmer ahead of Fed’s favorite inflation gauge

What you need to take care of on Friday, March 28: The US Dollar surged on Thursday, helped by hawkish comments from Federal Reserve (Fed) official Waller, who suggested the central bank may keep rates at current restrictive levels for longer.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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