Dollar Softens as Market Anticipates US Inflation Data, Assessing Rate Cut Prospects

<p><img width="612" height="313" src="https://www.actionforex.com/wp-content/uploads/2021/11/f-inflation48.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2021/11/f-inflation48.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/11/f-inflation48-600×307.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/11/f-inflation48-150×77.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/11/f-inflation48-300×153.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Dollar saw notable decline against most major currencies, maintaining its softer tone in the Asian trading session today, with the exception of its performance against Yen. This selloff amidst a backdrop of improving risk sentiment, reflected by the uptick in major US stock indexes. Investors&#8217; attention is now squarely focused on the forthcoming release of [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/534794-dollar-softens-as-market-anticipates-us-inflation-data-assessing-rate-cut-prospects/">Dollar Softens as Market Anticipates US Inflation Data, Assessing Rate Cut Prospects</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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