Dollar Steady Ahead of Inflation Data, Yen Wobbles
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#142fda0b ver:0.66

The US Dollar remains steady ahead of key inflation data, while the Yen wobbles. The greenback strengthened last week on strong US economic data, but expectations for interest rate cuts have been pushed back. The market is awaiting US GDP data on Thursday and the US Personal Consumption Expenditures (PCE) price index report on Friday. The dollar could weaken if the core PCE index decreases. The dollar eased on Tuesday and is on track for its first monthly decline in 2024. German and euro zone inflation data will be watched for clues on central bank easing. The focus for markets is on Friday's US core PCE price index report....

#newstr #UsDollar #Inflation #FederalReserve #InterestRates #Gdp #PceData #CurrencyMarkets 

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