EL7.AI
ForexMedium•10 November 2026•
1 min read

US Dollar Trims Losses Following Hawkish Comments from Fed's Christopher Waller

Key Facts

1The US Dollar posted minor gains against peers on Tuesday, supported by hawkish comments from Fed Governor Christopher Waller.
2Investors are focusing on the upcoming release of October's Consumer Price Index (CPI) as a major catalyst.

The US Dollar posted minor gains against its major peers on Tuesday, November 10, 2026, supported by hawkish comments from Federal Reserve Governor Christopher Waller. FXStreet reported that the currency recovered some ground as markets shifted their focus toward upcoming macroeconomic catalysts.

Investors are currently focusing on the release of October's Consumer Price Index (CPI) report as a primary driver for the currency's next move. This positioning follows a series of Federal Reserve appearances on November 10, 2026, including scheduled comments from officials Bowman, Logan, and Schmid.

The annual Inflation Rate and Core CPI data are scheduled for release later today, November 10, 2026, with market forecasts projecting an annual inflation rate of 3.9% compared to the previous reading of 3.7%.

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