The dollar edged lower as investors awaited the release of U.S. CPI data

ChainCatcher news, according to Jin Shi reports, the dollar has slightly declined but remains within a narrow trading range, as investors await the U.S. Consumer Price Index inflation data to be released on Tuesday. Last week, the dollar fell mainly due to weak employment data and the temporary appointment of Milan as a Federal Reserve governor, which increased the likelihood of interest rate cuts. Tuesday's data may show the early impact of U.S. trade tariffs on inflation. Chris Weston from Pepperstone stated that the market is focused on the extent to which core goods inflation is affected by tariffs.