HomeLive CommentsDollar selling starts as bears relieved by CPI data

Dollar selling starts as bears relieved by CPI data

US CPI met market expectation. Dollar bears seem to be “relieved” and fresh selling seen after the release

US CPI Jan: 0.2% mom vs exp 0.2% mom vs prior 0.5% mom

US CPI Jan: 2.2% yoy vs exp 2.2% yoy vs prior 2.1% yoy

US CPI core Jan: 0.2% mom vs exp 0.2% mom vs prior 0.3% mom

US CPI core Jan: 1.8% yoy vs exp 1.8% yoy vs prior 1.8% yoy

Full release here.

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