✉news BusinessBanking first seen 21 h ago, last 12 h ago, peak #20
Dollar slides as markets await CPI data and Fed speeches
Original: Dollar languishes as focus turns to CPI, Fed speakers
The US dollar is struggling in currency markets as traders hold back ahead of the latest US consumer price index report and a series of speeches from Federal Reserve officials. Investors are looking to the inflation reading and policymakers' comments for clues on the likely path of interest rates, which have been the main driver of dollar moves in recent months.
Why now: Traders are waiting for the upcoming CPI release and Fed speakers to signal the direction of US interest rate policy.
US dollarFederal ReserveUS consumer price index
Rank over time, top of the chart is #1. 6 snapshots from 21 h ago to 12 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2175902