inflation
Markets currently await the release of the U.S. Consumer Price Index data
Investors are focusing on upcoming inflation data for clues on how the economy may shift after the election results
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U.S. dollar held near a four-month high as investors continued to gravitate towards assets that are benefiting from Trump's election
The dollar gained 0.08 percent to 105.08 on Monday after marking significant gains following the U.S. Presidential election
Gold prices continued to decline as the U.S. dollar index was set for a slight weekly gain after Trump's election victory
This marks the second reduction by the central bank this year, following the initiation of its easing cycle in August
Trump's victory fueled questions about whether the Federal Reserve may proceed to cut rates at a slower and smaller pace
October data signaled continued investment in staff to boost capacity and retain skilled and experienced staff
U.S. dollar surged to a near four-month high in reaction to the U.S. election exit polls, making bullion less attractive for other currency holders
Despite markets largely expecting the quarter-point cut this week, gold prices may still see a reaction to the decision
