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US Yields and Dollar Jump on Hotter-than-Expected CPI

US inflation data wasn’t very soothing for investors at yesterday’s release. The headline inflation remained steady at 3.7%, while initial jobless claims came in soft, after last Friday’s shocker NFP showed 336K new nonfarm job additions. The data softened the Federal Reserve (Fed) doves’ hand. The US 2-year yield jumped past the 5% level, while […] The post US Yields and Dollar Jump on Hotter-than-Expected CPI appeared first on Action Forex...
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Posted: Oct 13 2023, 06:18
Author Name: actionforex
Views: 082520