Dollar Index: Narrow Consolidation Likely to Precede Fresh Gains

<p>The dollar index is holding near new five-week high in early Monday and keeping firm tone, following four consecutive weeks of gains (the index was up over 3% since mid-July). Last week’s US inflation data showed fresh increase in consumer prices (July 3.2% y/y vs June 3.0%) although core inflation ticked down (July 4.7% y/y […]</p>
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