Dollar index 101.68… Ahead of the US October CPI release
Original headline달러지수 101.68…미 10월 CPI 발표 앞둬
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The U.S. dollar index (DXY) stood at 101.68 on Monday afternoon Seoul time, trading in a narrow 101.65–101.74 range as investors awaited the Bureau of Labor Statistics' October consumer price index release, due at 10:30 p.m. KST. The index hovered near 101.70 during Asian trading, with the latest official data still the September CPI, which rose 0.6% month-over-month on a seasonally adjusted basis and 3.7% year-over-year. The reading matters because the inflation print will shape expectations for Federal Reserve policy and near-term dollar direction across major currency pairs. Traders will watch the October CPI headline and core figures for any deviation from September's 3.7% annual pace, with a hot print likely to lift the dollar and a soft one to weigh on it.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
US Dollar Index (DXY), US Bureau of Labor Statistics, Investing.com, FXStreet
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