Dollar Sell-Off Resumes after PPI; Spotlight Shifts to FOMC Hold

<p>Dollar is facing renewed selling in early US session as data reveals a further slowdown in upstream inflation via PPI. All eyes are now on the much-anticipated FOMC rate decision where a &#8216;hold&#8217; is broadly expected. However, the possibility of an upside surprise in both inflation projections and the dot plot remains, suggesting that we [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/market-overview/505530-dollar-sell-off-resumes-after-ppi-spotlight-shifts-to-fomc-hold/">Dollar Sell-Off Resumes after PPI; Spotlight Shifts to FOMC Hold</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *