The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is struggling to build momentum beyond the 100.00 psychological mark.
This comes after the recent release of the Consumer Price Index (CPI) report, which showed that inflation continued to moderate in July, and last Friday's weak US Nonfarm Payrolls (NFP) report.
The Federal Reserve (Fed) hike bets have faded, acting as a headwind for the DXY.
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