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Dollar Eases as Post-Inflation Rally Fades

The dollar has given up much of its rally following higher-than-expected U.S. inflation data, Danske Bank's Silje Bue says, citing softer underlying inflation details and rising growth concerns.

DXY

S. inflation data that came in higher than expected. It has surrendered much of its gains since the release as investors weigh softer details in underlying inflation and growing concerns about economic growth, Danske Bank's Silje Bue says in a note. "Core…