US Dollar Index steadies above 104.00 as firmer yields, fears of services inflation probe DXY bears – by anilpanchal7 DollarIndex Inflation RiskAppetite Fed YieldCurve
calendar and a lack of moves elsewhere allow the greenback to extend the consolidation of the biggest monthly gain in five.
Elsewhere, Minneapolis Federal Reserve President Neel Kashkari said, "Wage growth is now too high to be consistent with 2% inflation." The policymaker also added and noted that it is concerning that the Federal Reserve's rate hikes so far have not brought down service inflation.
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