Sticky US inflation fuels the dollar’s engines

Send us Fan Mail Dollar rallies across the board after higher-than-expected CPIs. Investors scale back their rate cut bets, get closer to Fed’s dot plot. Dollar/yen surges above 150, triggers intervention warnings. Pound extends declines after UK CPIs, awaits tomorrow’s GDP. Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at...