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The dollar index slipped and the euro continued its rally, strengthening after the European Central Bank's stance turned hawkish last week, with investors waiting for the U.S. to release a key consumer price index (CPI) on Thursday.

The dollar index slipped and the euro continued its rally, strengthening after the European Central Bank's stance turned hawkish last week, with investors waiting for the U.S. to release a key consumer price index (CPI) on Thursday. Boosted by a weaker U.S. dollar and a pullback in U.S. Treasury yields, spot gold refreshed near two-week highs to $1835.82 an ounce. U.S. oil recovered above $90 in the tail end, U.S. inventories fell by 4.756 million barrels last week, and refined oil demand hit a record high. As market risk sentiment improved, supply concerns intensified, with Copper, Aluminum, Zinc, Nickel and Lead all up more than 2%.

The dollar index slipped and the euro continued its rally, strengthening after the European Central Bank's stance turned hawkish last week, with investors waiting for the U.S. to release a key consumer price index (CPI) on Thursday.
The dollar index slipped and the euro continued its rally, strengthening after the European Central Bank's stance turned hawkish last week, with investors waiting for the U.S. to release a key consumer price index (CPI) on Thursday.
The dollar index slipped and the euro continued its rally, strengthening after the European Central Bank's stance turned hawkish last week, with investors waiting for the U.S. to release a key consumer price index (CPI) on Thursday.

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