US CPI Hits 17-Year High, US Dollar Likely To Consolidate Gains on Friday (Forex Vide

· US dollar rally continues as US CPI hits 17-year high…
· However, a consolidation period may follow as event risk is limited on Friday.

[B]Stories to watch on DailyFX[/B]

· Forex positioning suggest that the US dollar could be in for a consolidation period.
· US inflation hits a 17-year high - what does it mean for the US dollar?
[B]
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