![US Dollar Index struggles to overstep 104.00 as US Inflation pauses FX domain US Dollar Index struggles to overstep 104.00 as US Inflation pauses FX domain](https://shmi.ir/wp-content/uploads/2022/05/US-Dollar-Index-struggles-to-overstep-10400-as-US-Inflation-150x203.jpg)
[ad_1] The DXY is consolidating below 104.00 as investors demand the release of US inflation for further guidance. The Fed needs a compelling drop in inflation to shift to a less aggressive stance. Uncertainty could elevate further if the inflation figures shoot above 8.5%. The US dollar index (DXY) is balancing below the round level