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US Dollar: Yield support erodes on weaker inflation – DBS

DBS Group Research economist Philip Wee notes that softer US CPI and labour data kept DXY locked in a 99.4–100.1 range after the USD/JPY sell-off linked to joint US-Japan interventions. Markets sharply reduced the implied probability of a September Federal Reserve hike.

US Dollar: Yield support erodes on weaker inflation – DBS

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