Index Testing Key Support News Today

Dollar fell to its lowest level of the year and breached a critical support, after being under pressure for most of the week. Yet, it staged a recovery towards the end, closing mixed only. Decelerating US inflation data was welcomed by risk market investors, but a lower terminal rate may not necessarily lead to an earlier rate cut. While risk-on sentiment received a boost, the markets seem somewhat uncertain. Whether the greenback can find a bottom at current levels may depend on overall develop...