Ang US Dollar volatility ay tumataas habang ang US CPI ay nananatiling malagkit at nag-iiwan sa mga mangangalakal na tuliro
The US Dollar sees its gains from earlier this week under pressure. US July Consumer Price Index is nearly unchanged on all fronts and points to no big slowdown in US inflation. The US Dollar Index drops lower and with a possible new weekly low nearby, though it is already paring back losses just minutes after the numbers came out. The US Dollar (USD) deepened out earlier losses as traders and market digested the US inflation data points together with the weekly jobless statistics. In an initial move on the back of the data, the Greenback takes it on the chin. The US Dollar Index (DXY) meanwhile is erasing its gains from earlier this week and could flip its earnings into a loss for the rest of the week, though some paring back is coming into play. The focal point today was at 12:30 GMT with the all measures for the Consumer Price Index (CPI) both for the core and overall in line with expectations on a yearly basis. The monthly price pressures look to be persistent and are still seeing inflationary pressures present. The cherry on the cake is right at the end at 19:00 GMT when Federal Reserve (Fed)









