USD weakness caused by easing inflation to be short-lived – Commerzbank DollarIndex Inflation UnitedStates CPI Banks
even if it might have a Dollar-negative effect in case the result comes in below market expectations.“As no important publication is on the agenda for today we are likely to see a quiet trading day. The next heavy-weight is not due until tomorrow in the shape of the US inflation data.”
“If tomorrow’s inflation data comes in below market expectations, I would expect a short dip in the Dollar but I would be cautious about expecting this to continue all week.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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