Dollar Down Mildly after Core PCE Miss, Ready for Breakout?

Dollar Down Mildly after Core PCE Miss, Ready for Breakout?

Dollar falls mildly in early US trading hours, following the release of core PCE inflation data which indicated a slightly sharper than expected slowdown. However, this weakness in Dollar is somewhat counterbalanced by unexpectedly robust growth in consumer spending. Despite these movements, Dollar remains within its established trading range, with a decisive breakout yet to occur.

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