Dollar stays broadly steady for the week as mixed U.S. data temper bets

DXY flat on the week amid mixed U.S. data; markets await CPI and Fed cues before bigger FX moves.

neutral
Recently

Dollar stays broadly steady for the week as mixed U.S. data temper bets

1 min read75 words
Dollar stays broadly steady for the week as mixed U.S. data temper bets
DXY flat on the week amid mixed U.
The dollar index was little-changed into the weekend as markets balanced softer U.S. labour indicators against sticky inflation and cautious Fed communication. 
Asia FX was mixed, with the yuan easing on weaker exports. Positioning suggests traders are reluctant to extend dollar shorts ahead of the next U.S. CPI print. A stable dollar has kept pressure on risk assets priced in USD while limiting relief rallies elsewhere. 
Near-term drivers include U.S. inflation, China trade updates and Fed speakers.
Sentinel