The US Dollar Index (DXY) fell for the second consecutive day, extending its retreat from the 106.00 area to 105.60. Market attention is focused on US inflation data scheduled for release on Tuesday.
The US Dollar Index ( DXY ) fell for the second consecutive day, extending its retreat from the 106.00 area to 105.60. The decline in the Greenback was influenced by lower US Treasury yields and higher commodity prices . The 10-year yield dropped to 4.62%, while the 2-year yield fell to 5.02%. Market attention is focused on US inflation data scheduled for release on Tuesday. The Consumer Price Index ( CPI ) is expected to rise by 0.1% in October, with the annual rate slowing from 3.
7% in September to 3.36% in October. The core annual rate is forecasted to remain at 4.1
US Dollar Index DXY Inflation Data US Treasury Yields Commodity Prices Consumer Price Index CPI
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