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The US Dollar extended its winning streak alongside Treasury yields as markets priced out Fed rate cuts. Ahead, will the Federal Reserve’s preferred inflation gauge support DXY’s key breakout?
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High pressure will build in from the east resulting in cooler temperatures overnight, especially in northeast Alabama in advance of another disturbance approaching from the west.
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Most of us will likely remain dry, but I can’t rule out a few passing showers especially for areas west of Interstate 65 this morning.
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First Alert for patchy fog this morning. Visibility could be reduced to a quarter of a mile or less. Any fog that develops this morning should dissipate by 9 a.m.
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A strong or severe storm isn’t as likely today, but we can’t rule out a strong storm for areas south of I-20. The main threat will be strong winds and large hail.