Saturday, 28 September 2024

US Dollar Index (DXY) Slides to Fresh Lows Post PCE Data

by BD Banks

US Dollar Index hits new yearly low after PCE inflation report came in softer than expected. PCE data shows personal income rose less than expected, PCE price index increased by 0.1% MoM, and core PCE increased by 0.1%, below expectations. DXY is on the edge of a cliff as rate cut bets and dovish Fed […]

The post US Dollar Index (DXY) Slides to Fresh Lows Post PCE Data appeared first on Action Forex.

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