FXC

BREAKING: USD weakens after CPI inflation report

It will takes about:

14/09/2021

The widely watched US CPI inflation for August has just been released. The data came in line with expectations as the headline inflation dropped slightly to 5.3% YoY in August  compared to 5.4% YoY print last month. The Core CPI figure came in below  the consensus estimate as it amounted to 4.0% YoY (vs exp. 4.2% YoY) and compared with 4.3% YoY in July.

 

US inflation rate still remains elevated. 

 

EURUSD broke above the 1.1825 resistance level after today’s data releases and is testing 200 SMA (red line). 

For more informations and news join our official social networks! Please click on the icons below to subscribe.

Recommended News

Top movers

Find out witch markets are urrently the top gainers or losers

Markets sentiment

See if traders are currently sellers or buyers o each market

Get latest market news, trading tips an special offers - 100% free!

Email

You can unsubscribe anytime. For more details review our Privacy Policy.