US Dollar Gets Crushed; Gold and Commodity Currencies Bid

With the US CPI for December in-line with expectations at 7%, traders took the opportunity to unload some of their long US Dollar positions.  As mentioned earlier in the CPI recap, the DXY had been trading sideways in a range between 95.50 and 97.00 since mid-November. On the release of the CPI print, the US […]

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