Dollar Index: EU Inflation and US Labor Reports Eyed for Fresh Signals

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2019/05/f-usd180.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2019/05/f-usd180.jpg 612w, https://www.actionforex.com/wp-content/uploads/2019/05/f-usd180-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The dollar index accelerated higher on the first trading day in 2024, extending bounce from five-month low of Dec 28 (100.30) into third consecutive day. Traders collected some profits from the broader downtrend, pushing the dollar’s price higher and sidelining immediate downside threats, as focus shifts to EU inflation data and US labor report, due [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533564-dollar-index-eu-inflation-and-us-labor-reports-eyed-for-fresh-signals/">Dollar Index: EU Inflation and US Labor Reports Eyed for Fresh Signals</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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