ING: US inflation data may support the dollar's performance.

ING analyst Francesco Pesole stated that if US CPI data shows a significant acceleration in inflation in March, driven by rising energy prices due to the Iran conflict, the dollar could find support. With high inflation making headlines, even though developments in the Middle East remain a major driver, the threshold for further dollar declines should rise today. However, he noted that for the Federal Reserve, the most important factor is whether a so-called "second-round effect" will emerge in core inflation in the coming months, where businesses pass on higher costs through prices and wages. (Jinshi)