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Dollar’s Fall Continues as Core CPI Slows, Sterling Rises With UK Yields

Dollar’s selloff continues in early US session and it’s extending after weaker than expected core CPI reading. Sterling is lifted by strength in UK yield today, with 10-year Gilt yield hitting as high as 0.494 so far. It could try to take on a pre-pandemic floor of around 0.50%. Currency markets are relatively mixed elsewhere, […]

The post Dollar’s Fall Continues as Core CPI Slows, Sterling Rises With UK Yields appeared first on Action Forex.

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