October's Goldilocks inflation report sparked the biggest sell-off in the dollar all year as investors eye looser Fed policy

Tech Insider
A money changer holds stacks of US dollar notes in Jakarta, August 29, 2013. REUTERS/Beawiharta
The USD slipped lower after inflation came in cooler-than-expected in October.

Thomson Reuters

The dollar jumps to a fresh high for 2023 as investors bet the Fed's inflation fight is nowhere near over

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US dollar
The US dollar has racked up 10 straight weeks of gains, with investors betting the Federal Reserve will have to hold interest rates at a higher level for longer to crush inflation.

SimpleImages

De-dollarization won't happen anytime soon as 'it's not so easy' to beat the greenback, Indian minister says

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President of Brazil Luiz Inacio Lula da Silva, President of China Xi Jinping, South African President Cyril Ramaphosa, Prime Minister of India Narendra Modi and Russia's Foreign Minister Sergei Lavrov pose for a BRICS family photo during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa, on August 23, 2023.
The leaders of the BRICS countries at a summit in Johannesburg, South Africa.

Gianluigi Gu

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