Euro Sell-Off Intensifies Following CPI Miss, Spurring Broad-Based Dollar Rebound

<p><img width="612" height="429" src="https://www.actionforex.com/wp-content/uploads/2018/10/f-eur103.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2018/10/f-eur103.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/10/f-eur103-600×421.jpg 600w, https://www.actionforex.com/wp-content/uploads/2018/10/f-eur103-100×70.jpg 100w, https://www.actionforex.com/wp-content/uploads/2018/10/f-eur103-599×420.jpg 599w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Dollar is staging a broad-based rebound today, driven in part by the selloff in Euro. However, a more significant factor behind Dollar’s recovery appears to be the exhaustion of selling momentum as the month draws to a close. This rebound continues after both headline and core PCE inflation data in US matched expectations, indicating that […]</p>
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