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Posted inForex

US Dollar’s Path Tied to Inflation Outlook; Setups on EUR/USD, USD/JPY, GBP/USD

Posted by By 12/05/2024

After poor performance earlier in the month, the U.S. dollar rebounded this week, supported by a moderate rise in bond yields. We could see a continuation of the greenback’s upward movement if the upcoming US inflation report tops consensus estimates.

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