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fxAug 12, 2026, 6:37 AM

US Dollar Steady Near 99.83 Ahead of July CPI, Fed Rhetoric in Focus

Commerzbank analysts signal cautious dollar positioning, with the DXY holding near 99.83 as markets brace for July US CPI data and Federal Reserve commentary.

DXYEURUSD

Commerzbank analysts highlighted cautious positioning in the US dollar ahead of the release of July US consumer price index data. The Dollar Index was steady near 99.83, according to the note.

Traders are focusing on the upcoming CPI figures and any signals from Federal Reserve officials for clues on the interest rate outlook. The EUR/USD pair was also mentioned as a key area of attention.

Source: FXStreet Forex News