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Dow Jones Closes Higher Amid Anticipation of US Inflation Data
The US stock trading session ended on Monday with mixed indicators, as investors evaluated Moody's latest decisions, in addition to their anticipation of a package of important economic data this week.
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The dollar rose after the release of data indicating inflation below expectations in America.
The value of the dollar rose in financial markets after disappointing inflation data in the United States, making American goods and services cheaper for foreign investors and reflecting their high confidence in the American economy. This represents an excellent opportunity to invest in US assets.
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The dollar is heading towards the low point in about two weeks before US inflation data comes out.
The dollar is trading near two-week lows, and Fed policymakers are taking a dovish stance. An increase in bond yields could lead to a tightening of monetary policy.
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