RSS Greenback Holds Ground After Slight PPI Miss, Sterling Weakens Again as Gilt Yields Eye 5%

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 RSS Greenback Holds Ground After Slight PPI Miss, Sterling Weakens Again as Gilt Yields Eye 5%

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Dollar is holding steady against its peers in early U.S. trading, with softer-than-expected PPI report failing to trigger significant selling pressure. Market sentiment continues to shift toward the possibility that the Fed might refrain from additional rate cuts in 2025. Fed funds futures are currently pricing in less than 60% probability of a 25bps rate […]

The post Greenback Holds Ground After Slight PPI Miss, Sterling Weakens Again as Gilt Yields Eye 5% appeared first on Action Forex.
 
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