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US dollar index gains ground, as investors await the U.S. inflation report – Daily Market Brief, August 10, 2022

Today’s U.S. Consumer Price Index report is likely to reveal that decades-high inflation moderated in July following two 75-basis point hikes by the Federal Reserve in June and July. The safe-haven dollar inched higher on Tuesday, recovering previous losses as risk appetite faded ahead of critical inflation data that could provide hints as to how

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