USD Index looks indecisive just above 103.00, focus on US CPI – by pabspiovano DollarIndex Currencies Majors
Markets continue to wait for the release of US inflation figures.The greenback extends the consolidative mood above the 103.00 hurdle when tracked by theThe index keeps navigating within a tight range as market participants maintain a cautious stance in light of the upcoming publication of US inflation figures measured by the CPI for the month of December on Thursday.
Later in the NA session, the only results in the docket will be the weekly MBA Mortgage Applications in the week to January 6.The dollar remains under pressure and trades in a side-lined fashion in the 103.00 region amidst investors’ prudence ahead of US CPI due on Thursday.
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