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Dollar Declines as Headline and Core CPI Slowed; Sterling Soars on Positive Job Data

Dollar Declines as Headline and Core CPI Slowed; Sterling Soars on Positive Job Data
Dollar falls significantly in early US session, reacting to reports that both headline and core CPI decelerated in May. This development boosts confidence to Fed policymakers to skip tightening at tomorrow’s decision. Meanwhile, Canadian Dollar and Yen are following as the next weakest for now. Contrarily, Sterling is witnessing a surge, rebounding from its initial […] The post Dollar Declines as Headline and Core CPI Slowed; Sterling Soars on Positive Job Data appeared first on Action Forex... Read More
Posted: Jun 13 2023, 13:00
Author Name: actionforex
Views: 081291

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