![US Dollar Rebounds on Strong Q4 Economic Indicators, Ends Pound’s Streak By Investing.com US Dollar Rebounds on Strong Q4 Economic Indicators, Ends Pound’s Streak By Investing.com](https://shmi.ir/wp-content/uploads/2023/10/1697133278_US-Dollar-Rebounds-on-Strong-Q4-Economic-Indicators-Ends-Pounds-150x203.jpg)
[ad_1] © Reuters. The US dollar, which had been weakening due to anticipated rate cuts in the midst of peak long-dated rates, rebounded on Thursday, driven by robust economic indicators. The Q4 Consumer Price Index (CPI) annualized at 3.79%, as reported by the Cleveland Fed’s nowcast, played a significant role in this turnaround. This shift