Dollar Tumbles Broadly as CPI Matched Expectations, Risk Cleared
Dollar tumbles broadly in early US session even though consumer inflation data hit multi-decade highs. The move could be seen as a result of clearing the risk of even worse inflation reading that could force Fed’s hand. For now, Canadian Dollar is the strongest one as boosted by rally in oil prices. Sterling and Aussie […]
The post Dollar Tumbles Broadly as CPI Matched Expectations, Risk Cleared appeared first on Action Forex.
