US Dollar loses ground on weak Retail Sales figures

On Tuesday, the US Dollar, as measured by the DXY Index (DXY), registered a decline, settling at 105.30.
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Fed's Kugler: Inflation progress to remain gradual, watching for signs of labor deterioration

Federal Reserve (Fed) Board of Governors member Adriana Kugler delivered a speech at the Peterson Institute for International Economics on Tuesday, noting that while inflation remains too high, recent inflation data has been encouraging.
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