Posted 3/22/2024, 5:35:00 PM
Dollar Strengthens as Markets Eye Inflation Data and Growth Concerns Weigh on Currencies
- Markets remain focused on inflation and the dollar hit 104 level against major currencies
- Upcoming US economic data releases to watch Chicago Fed Index, Durable Goods Orders, GDP, Consumer Sentiment
- EUR/USD declined below 1.0800 level amid dollar strength
- GBP/USD tested 200-day MA near 1.2590 as risk assets sold off
- AUD/USD revisited 0.6500 level; upcoming Australian data CPI, Retail Sales, Consumer Confidence
