US EditionUS Dollar Cannot Find a Direction Despite the Positive CPI Report - Action Forex
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US Dollar Cannot Find a Direction Despite the Positive CPI Report - Action Forex
Market reactions have been very muted and mixed, even if the CPI report came out with a small but positive surprise. For those who are discovering the number, US Headline CPI came in as expected (0.287 unrounded Headline vs 0.30% expected). The Core number was however the more welcomed surprise, coming in at 0.2% (0.227%) […] The post US Dollar Cannot Find a Direction Despite the Positive CPI Report appeared first on Action Forex.
US CPI holds two-sided risks for the dollar - Monex Europe
USD The dollar eked out marginal gains on Monday, with the DXY finishing trading just above 98.0. Even so, we think the choppy price action seen throughout the day was instructive, with the greenback no longer making the kind of consistent gains that it has done for much of the month. As we see it, tariff jitters are beginning to come to the fore, as the number of reciprocal import levies unveiled continues to build unaccompanied by a similar ri…
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