April’s US Consumer Price Index (CPI) fell to 2.3%, its lowest since 2021, setting the stage for a wave of volatility and speculation across global currency markets. As central banks respond with diverging policies and traders weigh the Federal Reserve’s next move, understanding these shifts is crucial. Here, EBC Financial Group answers the key questions on how these developments are impacting the FX landscape and what traders should watch next. How does the latest US CPI reading affect the doll
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