Dollar Index Falls to Two-Month Low on ‘Buy the Rumor-Sell the Fact’

The dollar continues to travel south in early Thursday, extending previous day’s 0.63% post-US CPI data drop (the biggest one-day fall since Oct 28). The dollar came under pressure after Fed Powell’s speech, which investors saw as too cautious, while further disappointment came from Dec CPI numbers coming at forecasted level although inflation rose to […]

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