davidmashiah
New Member
it seems that the U.S. dollar has firmed against its major counterparts following the release of hotter-than-expected inflation data for January. The stronger-than-expected consumer price index (CPI) figures, both overall and for core prices, have reduced the possibility of a rate cut by the Federal Reserve in the near term. As a result, U.S. treasury yields have risen, and the dollar index has rallied.
