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Euro edges higher despite continued hawkish commentary from Fed officials. Geopolitical developments cast doubt on ECB June rate cut. Yen fails to make considerable gains as market looks to Fridayβs CPI data.
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Published 04/18/24
Stocks remain under pressure as Fedspeak and US data dent rate cuts chances. Dollar remains dominant against both the euro and the yen. UK inflation surprises on the upside; the pound tries to rally. A plethora of Fed, ECB and BoE speakers to keep the market on its toes today.
Risk Warning: Our...
Published 04/17/24