It’s been a rough week for the dollar thus far due to uncertainty around Trump's tariff plans. The incoming US CPI report may shape expectations around Fed rate cuts, influencing the USD as a result.

High-risk events could shake FXTM’s US30 out of its slumber next week. Key data including the US CPI report and earnings announcements from big US banks may provide fresh trading opportunities:

FXTM’s USDInd is on standby mode ahead of the US inflation data on Wednesday 11th December. Given how this report may impact Fed cut bets beyond December, it could translate to dollar volatility.

With the US election done and dusted, the focus shifts back to key data from across the globe. Our attention falls on FXTM’s USDInd which could be rattled by key US data and Fed speeches including Jerome Powell.