USD: Calm before the storm as markets cautiously await Fed, Trump tax pitch - ING
|In view of Viraj Patel, Research Analyst at ING, it’s a fairly quiet day in the US ahead of tomorrow’s FOMC meeting, Trump tax pitch and Alabama election.
Key Quotes
“There is US PPI data to note – with the core figure expected to remain at multi-year highs around 2.4% YoY (albeit base effects). We look for fairly range bound activity in USD pairs, with DXY muted below 94.”
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