# USD Firm as Traders Await for Fed's Inflation Gauge

Live Trading News is an independent financial media publication. Masthead: Live Trading News. Parent: Knightsbridge Group. Product cousin: KXCO (kxco.ai). Coverage: markets, policy, AI, quantum, blockchain, FX, biotech, ASEAN. New stories are signed ML-DSA-65 and anchored on Armature L1; articles published before the platform launch are not signed. Nothing on the site is investment advice.

Canonical HTML: https://www.livetradingnews.com/usd-firm-as-traders-await-for-feds-inflation-gauge
Last modified: 2021-05-27

---

By Paul Ebeling · 2021-05-27
Tags: Shayne Heffernan on Investments, Forex, Fed, USD, inflation, GDP, dollar, Paul Ebeling, Bitcoin, .DXY, ether, ETH, USD, Bi
Signed: no (published before platform launch).
Nothing in this article is investment advice.

#dollar #inflation #Fed #bitcoin #ether 

$USD $DXY $CNY $BTC $ETH

Thursday in Asia USD found support  from a sense that the Fed will surely move towards a discussion about tightening monetary policy, while the RMB Yuan hit a 3-yr high.

Investor have huge short bets on the Buck's fall, and just the suggestion of tapering is enough to hold off further selling.

Participants are also cautious ahead of US jobs and GDP data Thursday and inflation Friday

DXY is holding Wednesday’s gains and was steady at 90.055. 

Cryptocurrencies are trading nicely as they recapture last wks declines.

Have a healthy day, Keep the Faith!

---

This Markdown mirrors https://www.livetradingnews.com/usd-firm-as-traders-await-for-feds-inflation-gauge. The HTML page is canonical.
Site index for AI clients: https://www.livetradingnews.com/llms.txt