FX Commentary – U.S. Dollar Rebounded After Fed Official’s Hawkish Comments

Market Talk

– The U.S. dollar rebounded after digesting slightly softer-than-expected U.S. inflation data after Federal Reserve Governor Lael Brainard said that there were some signs of “welcome” cooling in the latest inflation readout, but emphasized that the central bank is still proceeding with a series of interest rate hikes, as well as an effort to trim its balance sheet.… Read More