# Forex Today: Major currency pairs stay in familiar ranges, eyes on German inflation

> The US Dollar Index held steady slightly above 104.50 while markets awaited German CPI data and the Fed Beige Book. The 10-year US Treasury yield held above 4.5%, and US equity futures traded lower.

- Date: 2024-05-29 · published 2024-05-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30535-forex-today-major-currency-pairs-stay-in-familiar-ranges-eyes-on-german
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A steady dollar near multi-month highs keeps dollar-priced feed commodities expensive for importers, but no new catalyst is emerging. This is routine market commentary.

## Read by commodity

- DXY: neutral

## Sources

- fxstreet.com: https://www.fxstreet.com/news/forex-today-major-currency-pairs-stay-in-familiar-ranges-eyes-on-german-inflation-202405290730

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.