[Analyst: PCE and Nonfarm Data May Validate Whether the Dollar's Rally Can Continue] BlockBeats News, June 24, (Capital.com) analyst Daniela Hathorn stated in a report that upcoming U.S. data will determine whether the current rally of the dollar has further room to grow. She noted that if inflation and labor market data continue to support the narrative that interest rates will remain elevated for a longer period, the dollar should continue to find support. However, if price pressures begin to ease more rapidly, the market may start to question whether current rate expectations have become overly aggressive. PCE data (the Federal Reserve's preferred inflation indicator) and jobless claims data will be released on Thursday, while the nonfarm payroll report will be published on July 2. (Jin10)