{"id":5897,"date":"2021-02-11T11:29:04","date_gmt":"2021-02-11T11:29:04","guid":{"rendered":"https:\/\/xtreamforex.com\/?p=5897"},"modified":"2021-02-11T11:29:32","modified_gmt":"2021-02-11T11:29:32","slug":"the-dollar-elevated-with-inflation-remaining-as-a-concern","status":"publish","type":"post","link":"https:\/\/www.xtrememarkets.com\/US\/the-dollar-elevated-with-inflation-remaining-as-a-concern\/","title":{"rendered":"The Dollar Elevated With Inflation remaining As a Concern"},"content":{"rendered":"<h5>The Dollar Elevated With Inflation remaining As a Concern<\/h5>\n<p>&nbsp;<\/p>\n<p>The <a href=\"https:\/\/xtreamforex.com\">Dollar<\/a> was high on Thursday morning in Asia. However, remain hovered almost two-week lows. Investors generated hopes on small returns from the U.S. Currency, After the release of weak U.S. Inflation data, and The Fed Chairman Jerome Powell&#8217;s assurance to keep interest rate low would continue.<\/p>\n<p>The U.S. Dollar Index slightly up 0.1% to 9.415 against a basket of other currencies. After the release of U.S. Inflation data, the index relinquished to a two-week low of 90.249.<\/p>\n<p>The USD\/JPY pair slightly up 0.3% to 104.60.<\/p>\n<p>The AUD\/USD pair inched up 0.3% to 0.7723.<br \/>\nThe NZD\/USD pair slightly inched down 0.6% to 0.7209. News from the New Zealand gaining the interest of investors as COVID-19 is almost in control. However cascading housing prices have shoved inflation above expectation.<\/p>\n<p>The USD\/CNY inched up 0.37% to 6.4582.<br \/>\nMarkets are closed in China and Japan for Holidays. U.S. Inflation Data released on Wednesday showed that the core consumer price index was unchanged month-on-month versus the assumed 0.2% growth and the 0.1% growth in December.<\/p>\n<p>The GBP\/USD pair was slightly up 0.5% to 1.383. Nears 34-Month ahead of Brexit talk.<\/p>\n<p>Fed Chairman Jerome Powell acknowledged the unemployment rate of the United States which is still high in his speech on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dollar Elevated With Inflation remaining As a Concern &nbsp; The Dollar was high on Thursday morning in Asia. However, remain hovered almost two-week lows. Investors generated hopes on small returns from the U.S. Currency, After the release of weak U.S. Inflation data, and The Fed Chairman Jerome Powell&#8217;s assurance to keep interest rate low<\/p>\n... <a href=\"https:\/\/www.xtrememarkets.com\/US\/the-dollar-elevated-with-inflation-remaining-as-a-concern\/\">continue reading<\/a>.","protected":false},"author":1,"featured_media":2311,"comment_status":"closed","ping_status":"open","sticky":false,"template":"template_with_sidebar.php","format":"standard","meta":[],"categories":[12],"tags":[38,39,142,24,35,55,52,97],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>The Dollar Elevated With Inflation remaining As a Concern<\/title>\r\n<meta name=\"description\" content=\"The Dollar was high on Thursday morning in Asia. However, remain hovered almost two-week lows. 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