RSS Dollar Weakens on Core Inflation Relief, But Bullish Bias Holds

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 RSS Dollar Weakens on Core Inflation Relief, But Bullish Bias Holds

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Dollar extended its near-term pullback in early trading after core inflation data for December came in slightly below expectations, offering a degree of relief to traders and investors. Treasury yields also retreated, with the 10-year yield falling back below the 4.7% mark. Core CPI rose by 3.2% yoy, down from 3.3%, a result that eased […]

The post Dollar Weakens on Core Inflation Relief, But Bullish Bias Holds appeared first on Action Forex.
 
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