US Dollar trades with mild losses on a quiet Monday, eyes PCE data

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• The DXY Index is witnessing mild losses after concluding its weakest week in over a month.
• US PCE inflation report and housing data are next on the investors’ radar.

The US Dollar (USD) took a slight downturn in the early part of the week, bracing itself before the release of the Personal Consumption Expenditures (PCE) Price Index data on Friday, which is the Federal Reserve (Fed) preferred gauge of inflation. Inflation figures will give additional insights to investors to continue placing their bets on the next Fed decisions. The US Dollar Index is trading at the 102.50 area, 0.1% down on the day.