US dollar bullish in anticipation of the PCE inflation data release

The US dollar index (Symbol: USDX) is trading in a bullish momentum after two consecutive days of gains lifted its valuation. Broadly, the US dollar was off to a strong start this week as markets ramped up momentum across the board in anticipation of the upcoming personal consumption expenditures index (PCE), which will be announced on Friday.

Find out how the strength of the US dollar is impacting the financial markets.