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The GBP is the strongest and the USD is the weakest as the NA session begins
The GBP is the strongest and the USD is the weakest as the North American session begins. The US CPI data will be released at 8:30 AM ET. The expectation is for CPI to rise 0.2% on the month with the core rising by a larger 0.4%. The YoY is expected to decline to 4.1% from 4.9% last month. The Core is expected to dip to 5.2% from 5.5% underscoring the sticky inflation ex food and energy. Will rents move lower this month or remain eleva soonted?The release is the last key data point ahead of the...
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Posted: Jun 13 2023, 12:11
Author Name: forexlive
Views: 112176