Investors were provided with further insight into the Federal Reserve's decision to change the forward guidance language and indicate a patient approach to raising interest rates in the minutes of the central bank's January monetary policy meeting. more...
Trading the News: U.S. Consumer Price Index (CPI) A rebound in the headline U.S. Consumer Price Index (CPI) may boost the appeal of the greenback and spur a near-term pullback in EUR/USD as it puts increased pressure on the Fed to normalize monetary policy sooner rather than later. What’s Expected: Why Is This Event Important: Signs of stronger price growth may keep the Fed on course to raise ...
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