Dollar Softens Mildly ahead of US CPI, Aussie Gains as China Relaxes Some Trade Sanctions

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<p>Dollar softens slightly in today&#8217;s Asian session, as the global markets await forthcoming US consumer inflation data. Headline CPI is anticipated to show a modest deceleration to 3.2% in November, while core CPI is expected to remain stubbornly high at 4%. Fed&#8217;s mandate to bringing inflation down to its 2% target necessitates a persistent slowdown [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/531289-dollar-softens-mildly-ahead-of-us-cpi-aussie-gains-as-china-relaxes-some-trade-sanctions/">Dollar Softens Mildly ahead of US CPI, Aussie Gains as China Relaxes Some Trade Sanctions</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>