Greenback Consolidates Near Recent Lows Ahead of Tomorrow's US CPI
Marc Chandler
January 11, 2023
Overview: Fed Chair Powell did not push against the
easing of US financial conditions when he ostensibly had an opportunity
yesterday. This coupled with expectations of another decline in the US CPI,
which will be reported tomorrow, has kept the greenback mostly consolidating
the losses seen last Friday and Monday. With a light calendar today, con…
Greenback Consolidates Near Recent Lows Ahead of Tomorrow's US CPI
Reviewed by Marc Chandler
on
January 11, 2023
Rating:
