Will Inflation Figures Spur a USD RALLY?

Will Inflation Figures Spur a USD RALLY? U.S. inflation figures for July will be reported on Friday, August 11th, at 12:30 GMT, with analysts projecting a rise. Following last week’s labor market indicators, these figures are the most important factor in hiking interest rates set by the Fed. As rising inflation would point to a weaker USD, positive inflation data could push the Fed towards an upcoming rate hike. Accordingly, if inflation figures meet or beat market expectations, could we see Read More

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