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Fed’s Daly: Don’t feel as confident we can get ahead of it

Federal Reserve (Fed) governor and President of the Federal Reserve Bank of San Francisco spoke at an interview for the Wall Street Journal on Monday and said that she still thinks the Fed can bring inflation back to its 2% target.
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EUR/USD advances modestly on stronger odds of Fed easing

EUR/USD treads water on Monday, registering modest gains of more than 0.10%, as the US Dollar (USD) consolidates despite dovish comments by Federal Reserve (Fed) officials. Although expectations for a rate cut increased, the pair trades at 1.1525 after hitting a daily high of 1.1550.
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