US Dollar Predicted to Remain Range-Bound Before Producer Price Index Data Announcement
Friday, 12 July 2024, 09:25
US Dollar Forecast:
In the upcoming period, market analysts anticipate the US Dollar to trade within a tight range as investors await the release of the Producer Price Index (PPI) data.
Market Analysis by Gregor Horvat
This assessment is based on the analysis provided by Gregor Horvat, focusing on the US Dollar Index.
The forecast suggests a period of consolidation and uncertainty in the USD value until the upcoming economic indicator is revealed.
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.