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Dollar is having a strong, broad-based rebound in early US session, driven by upside surprises in CPI data. The concern for Fed stems not just from the headline inflation spurred by rising energy costs. But more significantly, core inflation failed to slow again, arguing that disinflation progress has stalled further. The market’s attention is now […]

The post US CPI Sparks Strong Dollar Rebound, USD/JPY Breaks 152 appeared first on Action Forex.

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