The dollar index regains traction after suffering losses in past two days, sparked by softer than expected US inflation data for June (CPI, PPI) that cooled expectations for Fed rate hikes. Wednesday’s break of trendline support (100.40) hit one-month low and generated bearish signal, though the price remained above pivotal 100 support (psychological / Fibo […]The post Dollar Index Weakened on Softer Than Expected Inflation Data but Larger Bulls Remain in Play While Key 100 Support Holds appeared first on ActionForex.