Capital.com analyst Daniela Hathorn said upcoming U.S. Personal Consumption Expenditures (PCE) inflation data and the nonfarm payrolls report will determine whether the dollar’s current rally has further room to run.
According to ChainCatcher, citing a report carried by Jin10, Hathorn said the dollar should remain supported if inflation and labor-market data continue to reinforce the narrative that interest rates will stay higher for longer.
She added that if price pressures begin to ease more quickly, markets may start to question whether current interest-rate expectations are too aggressive.
Capital.com Analyst: Upcoming U.S. PCE and Jobs Data to Test Dollar Rally
2026-06-24 12:50:55
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