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Dollar Weakens as PCE Inflation Surged by Missed Expectations

Dollar weakens in early US session, in particular against Yen. PCE inflation showed notable acceleration in May but fell short of expectations slightly. Nevertheless, Sterling is the worst performing ones for today, extending post BoE selloff. The Pound is also pressured by uncertainties over resurgence of coronavirus infections. Commodity currencies are the strongest, as US […]

The post Dollar Weakens as PCE Inflation Surged by Missed Expectations appeared first on Action Forex.

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