|00:30||Australia||Westpac Consumer Confidence||August||108.8||104.1|
During today's Asian trading, the US dollar rose against the euro, the pound and the yen.
Traders are waiting for statistical data on inflation in the United States, which are considered an important signal regarding the prospects for monetary policy. Experts expect inflation to weaken in July to 5.3% compared to 5.4% in June. The US Department of Labor will publish data on the dynamics of consumer prices today at 12:30 GMT.
"Higher - than-expected inflation rates will support the US dollar in the near future," said ActivTrades analyst Anderson Alves.
"They will put pressure on US Treasury yields in the short term, which may change the direction of global cash flows, as traders will have to re - evaluate inflation expectations, as well as the prospects for future actions of the Federal Reserve," Alves said.
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), rose by 0.12%.
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