US Dollar softens after Trump administration tries to circumvent inflationary shock

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, edges lower and dips below 110.00 on Tuesday, extending the previous day’s retracement from an over-two-year high of 110.18.
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United States Producer Price Index (YoY) registered at 3.3%, below expectations (3.4%) in December

United States Producer Price Index (YoY) registered at 3.3%, below expectations (3.4%) in December
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