USD: Advance GDP Price Index q/q

The Advance GDP Price Index stood at 3.6%, which is lower than the forecasted 3.9% and the previous 3.6%. This result may suggest that inflationary pressure in the economy is less than expected, which could influence the Fed's monetary policy decisions. In response, one can anticipate a weakening of the US dollar and an increase in stock indices, as lower inflation may alleviate concerns about tightening policy. It is important to monitor market sentiment and volatility, as well as the reaction of DXY to this data.