Dollar Remains Muted After CPI Report

Dollar stays muted after US inflation data The dollar recovered from overnight lows but traded sideways in European morning trade. The US CPI report for July was benign, not giving market players much to work with. WTI crude oil is down 2% to $81.58, and 10

Dollar stays muted after US inflation data

The dollar recovered from overnight lows but traded sideways in European morning trade.

The US CPI report for July was benign, not giving market players much to work with.

WTI crude oil is down 2% to $81.58, and 10-year Treasury yields are down 1.7 bps to 4.675%.

European equities are higher, with S&P 500 futures up 0.2%, and gold is down 0.4% to $4,388.

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