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FED Rate Hike

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People gathering at a currency exchange office on a busy city street during dusk.
FORECASTSSEP 11, 2026
U.S. Dollar Swings After CPI as Forex Traders Reprice Fed Risk
The U.S. dollar struggled for clear direction after inflation data matched headline expectations but showed firmer monthly core price pressure. EUR/USD hovered near 1.1600, GBP/USD advanced on stronger UK growth data, USD/CAD tested fresh highs, and USD/JPY retreated as traders weighed Bank of Japan risks.