The US Dollar (USD) remains firm as it hovers near the highs seen yesterday, with traders anticipating the release of the November Consumer Price Index (CPI) today. The exchange rate for major pairs, particularly USD/EUR, reflects this stability as market participants assess potential implications for monetary policy.
Comments from Fed Governor Waller indicate a dovish stance, suggesting that while policy rates exceed neutral, there is room for future easing amid persistent inflation, currently around 3% year-over-year. This sentiment could influence the USD's performance in the forex market, especially as traders react to the CPI data and its impact on the Federal Reserve's future decisions.
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Data Source: FX Killer Analysis Team Updated: 2025-12-18 12:41
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.