On June 10, the dollar fell slightly as investors became cautious ahead of the U.S. inflation data set to be released later today. Analysts at Deutsche Bank stated in a report, "This is important data, as speculation about Federal Reserve interest rate hikes has been heating up in recent weeks." They noted that this was initially driven by shocks in energy prices, but three consecutive employment reports have exceeded expectations. They mentioned that the labor market aspect of the Fed's dual mandate appears to be increasingly solid, allowing it to focus on inflation. Data from the London Stock Exchange Group indicates that the market currently expects a 25 basis point rate hike by the end of the year, with another hike anticipated next year. The data is scheduled for release at 1230 GMT. The DXY dollar index fell by 0.1% to 99.854.