USD Index treads water around 113.30 ahead of US CPI – by pabspiovano DollarIndex Currencies Majors CPI Inflation
, Flash Michigan Consumer Sentiment, Business Inventories .: Hard/soft/softish? landing of the US economy. Prospects for further rate hikes by the Federal Reserve vs. speculation of a recession in the next months. Geopolitical effervescence vs. Russia and China. US-China persistent trade conflict.Now, the index is gaining 0.07% at 113.34 and faces the next up barrier at 113.59 followed by 114.76 and then 115.32 . On the other hand, the breakdown of 110.05 would open the door to 109.
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