Title: Dollar Steady Post-CPI as Yen Slips; Aussie Faces Key Jobs Test
Post by: forex4you on Dec 12, 2024, 03:58 am
Post by: forex4you on Dec 12, 2024, 03:58 am
Dollar Steady Post-CPI as Yen Slips; Aussie Faces Key Jobs Test
Source: Dollar Steady Post-CPI as Yen Slips; Aussie Faces Key Jobs Test (https://www.actionforex.com/action-insight/market-overview/579137-dollar-steady-post-cpi-as-yen-slips-aussie-faces-key-jobs-test/)
Dollar showed minimal reaction, other than some initial jitters, to November's US CPI data, holding steady within its range as the report largely aligned with expectations. Headline inflation edged up, while core inflation remained flat, refusing to trend lower. With no surprise, the data cleared the way for a 25bps rate cut by Fed next […]
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Source: Dollar Steady Post-CPI as Yen Slips; Aussie Faces Key Jobs Test (https://www.actionforex.com/action-insight/market-overview/579137-dollar-steady-post-cpi-as-yen-slips-aussie-faces-key-jobs-test/)