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Greenback Consolidating Yesterday's Declines, Focus on ECB/US CPI

LATAM
  • The event risk focus is on the ECB statement and press conference on Thursday. President Lagarde is scheduled to start talking as the US release their February CPI data, with the headline annual rate expected to jump to 7.9%. Eight surveyed analysts are expecting the figure to reach 8%.
  • Dollar indices are around two tenths of a percent higher on Thursday, although this is largely a consolidation following yesterday’s substantial greenback declines.

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