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Dollar stands firm while traders await CPI

Por: CNBC Business January 11, 2023

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Sheldon Cooper Lightrocket Getty ImagesThe dollar held its ground on Wednesday, in spite of downward pressure from lower bond yields and higher stocks, as traders waited on this week's U.S. consumer price data to see whether it will confirm that inflation is in retreat.The  nudged about 0.3% higher to $0.6912 after data showed the annual pace of inflation increased to 7.3% in November, leaving room for more rate hikes. The New Zealand... + full article



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