Second weekly loss for U.S. dollar index, softer inflation in play (DXY)
2024-07-15
Galeanu Mihai The U.S. Dollar Index (DXY) and U.S. Treasury yields fell for the second consecutive week following the release of softer-than-expected Consumer Price Index (CPI) data. The US dollar index (DXY) slipped 0.75% after softer inflation numbers increased the odds of a September interest rate cut by the Fed.Continue Reading