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Dollar Weakens Ahead of U.S. Inflation Data -- Market Talk

Dollar Weakens Ahead of U.S. Inflation Data -- Market Talk

Dow JonesDow Jones2026/11/10 07:31

0730 GMT - The dollar weakens ahead of U.S. inflation figures that could provide clues on the timing of any potential further interest-rate hikes by the Federal Reserve. Investors will look to the data due at 1330 GMT for signs on whether the energy shock caused by the Middle East conflict has affected price pressures more broadly. Recently, oil has pulled back on hopes for a resolution to the conflict but volatility remains high. Economists in a WSJ survey expect the CPI print to show that headline inflation eased to 0.3% month-on-month in October from 0.6% in September and core inflation cooled to 0.2% from 0.3%. The DXY dollar index falls 0.1% to 101.596. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

November 10, 2026 02:31 ET (07:31 GMT)

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