USD Up After CPI: USD/JPY Edges Towards 160, EUR/USD, AUD/USD, GBP/USD Pull Back

The USD is bouncing in late US trade following this morning's CPI print, which came in right at the expected 3.4% and 2.5% for headline and core. At this point it still looks like the USD/JPY pair is dominating Dollar flows and that showed throughout today's trade, with an early-morning sell-off in both markets reversing after the data release.

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Source: Forexcom

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Category Forex

Source Forexcom

Published 1 month ago

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News ID #5,909

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