Impact of Upcoming PCE Inflation on US Dollar in Thin-Liquidity Markets

Friday, 29 March 2024, 12:00
The US Dollar (USD) remains active ahead of the PCE inflation data release amidst quiet market conditions on Good Friday. Despite limited trading volumes in European and US markets, the Greenback stays buoyant, holding onto recent gains. Investors are closely watching the outcome of the PCE inflation report to assess the US Dollar's future trajectory in the context of subdued liquidity.
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Impact of Upcoming PCE Inflation on US Dollar in Thin-Liquidity Markets

US Dollar and PCE Inflation

The US Dollar (USD) remains in focus as investors await the release of the Personal Consumption Expenditures (PCE) inflation data.

Market Conditions on Good Friday

  • European and US trading desks operate with minimal capacity on Good Friday.
  • Low liquidity can lead to increased volatility in the markets.

Despite the subdued trading environment, the Greenback maintains its recent gains, preparing for potential impact from the upcoming economic data.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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