Dollar Trades Steady Ahead of U.S. Data, Amid Fed Independence Risks

Group 1 - The dollar is trading steadily as investors remain cautious ahead of upcoming U.S. economic data and concerns regarding the Federal Reserve's independence [1] - Delayed U.S. retail sales and producer prices data for November will be released at 8:30 a.m. Eastern time, following inflation data that showed U.S. inflation held at 2.7% in December as expected [1] Group 2 - The independence of the Federal Reserve is at risk due to a criminal investigation opened by the Justice Department into Chair Jerome Powell, amid criticism from President Donald Trump regarding his cautious approach to interest rate cuts [2]