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المشهد العربي
Dollar index declines before inflation report
The dollar index saw a slight decline of 0.15%, reaching 101.22 points, despite heading towards a monthly gain of approximately 1.55%. This comes ahead of the upcoming release of the US inflation data, as investors monitor the core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferred measure, which is expected to remain steady at 0.3% in August. Meanwhile, the euro hit its lowest level since May 2025 at 1.1312 dollars, amid expectations of stable inflation in the United States.
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