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fxJul 10, 2026, 8:23 AM

Dollar's Next Move Hinges on CPI and Warsh Testimony

The US dollar's trajectory in 2026 remains bullish, with incoming Fed Chair Warsh adding to positive sentiment. Markets now await CPI data and Warsh's first testimony for the next directional cue.

DXY

The US dollar has been a key driver in forex markets throughout 2026, with its rally supported by expectations of tighter monetary policy under new Fed leadership.

Kevin Warsh's appointment as Fed Chair has introduced additional bullish factors for the greenback. The next major catalysts are the upcoming CPI release and Warsh's first congressional testimony, which could provide clarity on the pace of rate adjustments.

Source: FXStreet Forex News