USDX surpasses 105
The US Core Personal Consumption Expenditures Price Index (PCE) rose in January from 4.6% to 4.7%. The stronger-than-expected data led to the US dollar's rise. The US Dollar Index surpassed 105.00 for the first time since early January. In this environment, the weaker-than-expected February economic, business and consumer sentiment indicators in the Eurozone are putting pressure on the euro.
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