Commerzbank analysts highlight cautious positioning in the Dollar ahead of July US CPI, with the Dollar Index steady near 99.83 and EUR/USD around 1.1540. US inflation data to steer Dollar"On the economic front, the focus shifts to today’s US CPI report for July, which could be important for the September FOMC decision. Consensus expects headline CPI to rise around 0.1% mom, with the yoy rate easing to around 3.4% from 3.5% in June. Core CPI is expected to rise around 0.2% mom and the annual rate at 2.5% yoy vs 2.6% in June." "Chicago Fed President Austan Goolsbee said “the biggest problem facing our economy right now is inflation”.