USD strength broadens in a thinly traded Friday session, partly on position squaring from Thursday's USD pullback as traders preferring to be flat ahead of next week's charged Fed event. Before Thursday's CPI report, we emphasized the pattern in the market around selling pops in the US dollar on inflation surprises. That's exactly what happened as a hot number was met almost immediately by dollar selling. UMich consumer sentiment is up next. Gold is down sharply as US 10-yr yield pushes back up to 1.46%, off its latest 19-week low of 1.43%. Like we said, all currencies are weak vs USD (not just EUR), as is seen in our FX strength/weakness gauge below and for an explainer on how to use this FX gauge, watch this video.