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The dollar index whipsawed wildly on the back of tepid U.S. inflation

Summary: The dollar declined sharply immediately after the release of all worse-than-expected U.S. major macro data, including CPI and its core measure, retail sales for September. However, the greenback bounced back strong and recouped all of its losses in late session. The gold continued to rebound and went back above 1300. Whether or not the yellow metal’s rally could sustain will be important to watch. The forex market traded in ...

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