# Forex Today: US Dollar selloff loses steam ahead of critical inflation data

> The dollar index fell more than 0.5% on Monday and was consolidating below 102 early Tuesday as traders waited for October US inflation data. Speeches from US, European and UK central-bank officials were also due during the day.

- Date: 2026-11-10 · published 2026-11-10T09:11:56.848Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/91516-forex-today-us-dollar-selloff-loses-steam-ahead-of-critical-inflation-data
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar can support dollar-denominated commodity prices, while the pending inflation data leaves the near-term direction uncertain. The currency move is a background factor for feed buyers rather than a direct change in commodity fundamentals.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-01-11 | [Sterling gains vs dollar ahead of US inflation data](https://feedsoft.ai/events/32373-sterling-gains-vs-dollar-ahead-of-us-inflation-data.md) | +0.9% | +1.1% |
| DXY | 2022-09-12 | [Latam currencies rally as dollar weakens ahead of U.S. inflation data](https://feedsoft.ai/events/39788-latam-currencies-rally-as-dollar-weakens-ahead-of-u-s-inflation-data.md) | +0.9% | +2.8% |
| DXY | 2023-01-10 | [Dollar treads water near 7-month lows ahead of U.S. inflation data](https://feedsoft.ai/events/37697-dollar-treads-water-near-7-month-lows-ahead-of-u-s-inflation-data.md) | -0.8% | +0.2% |
| DXY | 2017-11-15 | [Dollar Struggles Ahead Of Inflation Figures, Aussie Takes A Knock After Wage Data - ActionForex](https://feedsoft.ai/events/68229-dollar-struggles-ahead-of-inflation-figures-aussie-takes-a-knock-after-wage.md) | -0.5% | -0.2% |
| DXY | 2023-04-11 | [Latam FX at 5-year high as dollar dips ahead of U.S. inflation data \| Financial Post](https://feedsoft.ai/events/36626-latam-fx-at-5-year-high-as-dollar-dips-ahead-of-u-s-inflation-data-financial.md) | -0.4% | -1.0% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/forex-today-us-dollar-selloff-loses-steam-ahead-of-critical-inflation-data-202611100736

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