US Inflation Figures and their Impact on the Dollar's Movement

Monday, 11 March 2024, 10:34

The latest data on US inflation is anticipated to have a significant impact on the US Dollar's recent decline against major currencies, as observed from its performance in G10 last week. ING's analysis sheds light on how these inflation figures could potentially influence the future trajectory of the Dollar.
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US Inflation Figures and their Impact on the Dollar's Movement

US Inflation Figures Impacting Dollar Movement

The US Dollar (USD) experienced its sharpest decline in comparison to other G10 currencies, demonstrating a notable trend that could be reversed with the release of the upcoming inflation statistics.


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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