Tag Archives: Pound
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Market implications from the US dollar decline; stock markets await earnings report
Key Points: The U.S. Dollar Index (DXY) experienced a sharp drop due to softer-than-expected consumer price index (CPI) figures. The CPI data had rekindled hopes that the disinflationary trend, which had recently stalled, is now back on track. SEE: The DXY (symbol: USDX.) seeing a significant dip on the VT Markets trading app A dropContinue Reading