stock market outlook dollar strengthens as investors await us inflation data

The Swiss Market Index (SMI) is predicted to experience a slight increase due to the weakening of the Swiss franc against the euro and the dollar.

The dollar is currently near a four-month high against major currencies, with a 0.5 percent gain to 153.44 yen and a slight increase to 7.1825 yuan. Against the Swiss franc, the dollar has risen by 0.2 percent to 0.8767 francs.

On the other hand, the euro has remained stable at 1.0717 dollars but has slightly decreased to 0.9398 francs. Market movements in the upcoming days may be influenced by the release of US inflation data and remarks from Federal Reserve Chairman Jerome Powell, which investors are closely monitoring.

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