Dudley Dialog Drives the Dollar After In-Line CPI Print

The Dollar is staging a reversal after William Dudley warned (again) that markets may be under-pricing the probability of a hike at the next meeting. This harkens back to May when the Fed talked up the prospect of a hike in June, only to back down after NFP's.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2016/08/16/dudley-dialog-drives-the-dollar-srepstans.html?DFXfeeds=forex:fundamental:daily_briefing:session_briefing:daily_fundamentals