The WSJ Dollar Index Rises 0.1% to 97.25

The WSJ Dollar Index Rises 0.1% to 97.25·The Wall Street Journal
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0953 GMT – U.S. inflation data on Thursday should have a limited impact on the dollar unless the figures excessively miss expectations and this looks unlikely, Commerzbank says. Inflation continues to fall slowly but the September data are unlikely to be exceptionally low, meaning the market won’t need to adjust its expectations for more gradual interest rate cuts by the Federal Reserve after last month’s 50 basis points cut, Commerzbank currency analyst Antje Praefcke says in a note.

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