The US dollar has had a terrible week, allowing the major currency pairs, indices, gold and oil to rally. The narrative that the Federal Reserve is winning the fight against inflation got a boost as both CPI and PPI came in weaker than expected. This caused the US Dollar Index to fall below 100. On Friday morning, though, the dollar was finding some love – but only because of the lack of any fresh news, which encouraged traders to book some profit. In the afternoon, we saw the release of the UoM consumer sentiment and inflation expectations indices, which came out higher than expected. The 1-year Inflation ... (full story)