US Dollar Index drops further, challenges multi-day lows near 99.60 ahead of data By pabspiovano DollarIndex Currencies Majors
US yields extend the corrective downside from recent tops.The greenback, when tracked by theUS Dollar Index looks to data, ECB
The corrective decline in the dollar comes on the back of another daily retracement in US yields, which extend losses following recent tops, as investors continue to digest the latest inflation results amidst rising speculation that the raise of consumer prices could be at/near its peak. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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