U.S. Dollar Gains Ground As Inflation Rate Rises To 3%: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Index is moving higher as traders react to the higher-than-expected inflation data. Inflation Rate increased from 2.9% in December to 3% in January, compared to analyst consensus of 2.9%. Core Inflation Rate grew from 3.2% to 3.
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