US Dollar: Gains extend on hotter US inflation – MUFG
MUFG’s Michael Wan notes that a stronger-than-expected United States (US) April Producer Price Index (PPI) print has driven a hawkish repricing of Federal Reserve (Fed) expectations, lifting Treasury yields and supporting the US Dollar (USD).
MUFG’s Michael Wan notes that a stronger-than-expected United States (US) April Producer Price Index (PPI) print has driven a hawkish repricing of Federal Reserve (Fed) expectations, lifting Treasury yields and supporting the US Dollar (USD).
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