Home / Mohamed Abdelhamid (page 165)

Mohamed Abdelhamid

Market Drivers – US Session: After PPI Reading, US CPI Takes Center Stage, ECB “On Hold”

US Producer Price Index (PPI) inflation came in below expectations, bolstering bets of interest rate cuts from the Federal Reserve (Fed) next week. The US Dollar (USD) is on the back foot, weakened by mounting market expectations that the Federal Reserve will cut interest rates again next week. This sentiment …

Read More »