US inflation expectations probe greenback bulls

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US inflation expectations probe greenback bulls
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US inflation expectations probe greenback bulls – by anilpanchal7 Inflation DollarIndex Fed RiskAppetite

bulls during early Monday in Asia, following a two-day rebound from the multi-month low.

10-year inflation expectations per the aforementioned measure remained depressed near 3.22% while the five-year counterpart struggled to defend the bounce off a fortnight-low surrounding 2.27% by the end of Friday’s North American session.for the stated month to underpin the US Dollar Index rebound from the lowest levels since April 2022. However, the DXY traders await Tuesday’s speech from Federal Reserve Chairman Jerome Powel for fresh impulse.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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