Posted 2/26/2024, 1:15:00 AM
Dollar Gains Moderately Ahead of Major Economic Data Releases, Inflation Reports in Focus
- Dollar edges higher ahead of big week of economic data, with US inflation report on Thursday in focus
- New Zealand dollar could fall if RBNZ doesn't raise rates as some expect at meeting this week
- Japan inflation data Tuesday may show slowing consumer price rises, complicating BOJ plans to end negative rates
- Stronger than expected US inflation could push back expectations for Fed rate cuts this year
- Overall dollar gains expected to be modest amid balanced outlook for rates
