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Dollar softened slightly in early US trading today, though the move appears more related to a fading post-trade-deal rally than any direct reaction to economic data. While April’s inflation report showed encouraging progress on headline disinflation, the core CPI reading held firm, suggesting underlying price pressures remain sticky. That dynamic should keep Fed cautious, and […]

The post Dollar Eases as Trade Boost Fades, Sterling Finds Support on Wages and BoE Rhetoric appeared first on Action Forex.

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