· DOllar sees sharp reversal after 17-year high in consumer inflation. · Pound hurt by the worst labor data in years, further diminishing wage inflaiton fears. Stories to watch on DailyFX
· What are the chances of a Fed rate hike this year with Fannie and Freddie countering high inflation? · Will housing data influence a dollar wrapped up in inflation and financial market concerns? Send any comments or questions to jkicklighter@dailyfx.com