Dollar Subdued Ahead of CPI!

The DXY made a seven-month low as the EURUSD made major advances. China’s re-opening has aided risk assets as Gold continued to climb higher. In addition, Fed Chair Jerome Powel is due to speak later today as traders look for his thoughts on monetary policy in the future. Timestamps DXY 01:45 EURUSD 03:05 The post Dollar Subdued Ahead of CPI! appeared first on Orbex Forex Trading Blog.

Dollar Subdued Ahead of CPI!
Market Insights

The DXY made a seven-month low as the EURUSD made major advances.

China’s re-opening has aided risk assets as Gold continued to climb higher.

In addition, Fed Chair Jerome Powel is due to speak later today as traders look for his thoughts on monetary policy in the future.

Timestamps
DXY 01:45
EURUSD 03:05

The post Dollar Subdued Ahead of CPI! appeared first on Orbex Forex Trading Blog.