US Dollar Slumps After Inflation Eases Further - Stocks, Gold, and Silver Rally

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The US dollar fell sharply after the latest US CPI data showed inflation easing by more than forecast. US stocks and gold are rallying into the US open.

Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principle...The US dollar index fell by nearly half a point after the latest US CPI showed inflation eased by more than forecast. Headline inflation y/y fell to 3.0% from 3.3% in May, while core inflation y/y fell to 3.3% from 3.4%. Core inflation m/m fell to 0.1% from a prior month’s reading of 0.2%.

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