BREAKING: USD gains after Mester’s hawkish tone

The US dollar gained significantly in recent minutes after Mester’s comments. President and CEO of the Fed of Cleveland says that her view regarding inflation had changed - she now believes that elevated prices will last longer. Mester adds that her priority is to cut down on asset purchases as on the macro side, the Fed has met the parameters for tapering. That is a clear hawkish tone from the Fed member who was earlier seen as a dove. As a result, the USD gained across the board.

EURUSD, M5 interval. Source: xStation5

11 September 2026, 7:07 PM

🔴Daily summary: Wall Street ignores hawkish inflation, oil falls sharply despite geopolitical tensions

11 September 2026, 5:20 PM

⚠️Three Markets to Watch Next Week (11.09.2026)

11 September 2026, 1:36 PM

Breaking: Time for a tough call for Fed as monthly hotter Core CPI tests market expectations

11 September 2026, 7:28 AM

Market wrap: European indices try to recover loses 🔼 GBPUSD rises after UK GDP data

Forex

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