US dollar is recovering before US inflation data

The US dollar rebounded Wednesday from 0.23% yesterday, trading near 97.40 levels. Renewed concerns about brexit have affected sentiment surrounding the complex group in recent hours, prompting US dollar buyers to return to markets. In addition, Italian politics remains in center stage after discussions with the EU on the new budget, keeping the European currency under pressure and undermining any bullish attempt.This comes as markets monitor US inflation data in October, and the CPI is expected to rise by 2.5% YoY.