U.S. Dollar Moves Below $100, Other Currencies Playing Catchup
Schwab Network
English - July 14, 2023 19:55 - 8 minutes - 96.6 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The U.S. Dollar price moved lower today below the $100 level. Over the last month, there has been an accumulation of short betting. How is the U.S. Dollar impacted by this week's inflation data like the CPI and PPI? Other currencies are playing catchup. Federal Reserve's Waller called for two more interest rate increases. Scott Bauer says that the market is relying on being close to the terminal rate.