The dollar continued to gain yesterday, outperforming all its major peers. Today, USD-traders are likely to turn their attention back to the economic calendar and the core PCE index for March, the Fed’s favorite inflation measure. In Europe, Germany’s inflation data could hint at where the overall Eurozone CPI may come in next week.
USD Keeps Gaining Ground Ahead of the Core PCE Index
It’s all about the dollar again. The greenback continued its counterattack yesterday strengthening against all the other G10 currencies. This time, it gained against the yen as well.
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