US Dollar Index pares recent gains around 105.00 with eyes on US inflation, Fed

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US Dollar Index pares recent gains around 105.00 with eyes on US inflation, Fed
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US Dollar Index pares recent gains around 105.00 with eyes on US inflation, Fed – by anilpanchal7 DollarIndex Fed Currencies RiskAppetite Inflation

dex , up for publishing on Tuesday. That said, the greenback’s gauge versus the six major currencies rose during the last two days before printing a sluggish start to Tuesday’s trading, around 104.95 by the press time.

On Monday, the New York Federal Reserve’s Survey of Consumer Inflation Expectations Survey stated that the 1-year ahead inflation expectations slumped to their lowest level since 2021 and marked the biggest month-to-month decline in November on record.

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