Monetary policy views continued to dominate this week, as traders waited for directional clues from various CPI releases and leading inflation indicators. In the forex space, the British pound chalked up back-to-back wins, likely on commentary from Band of England head Bailey.  Meanwhile, the Aussie was left eating dust, potentially on decelerating inflation updates and rising geopolitical risks.  The U.S. CPI release stole the show on Thursday, giving traders a surprise stronger than expected update and sparked bullish USD vibes. But that was short lived as the PPI update on Friday, came in net negative, bring the rate cut vibes back to the Greenback. The U.S. CPI release stole the show on Thursday, as stronger than expected figures tilted the odds further towards the Fed keeping rates higher for longer, while European currencies picked up on hawkish cues as well.