Dollar Softens Slightly Post-CPI; Focus Turns to Aussie Employment Data
US stock futures have jumped in a relief rally following release of October US CPI data, which, while showing an uptick in headline inflation and steady core inflation, stayed within expectations. This in-line report eases fears of an inflation surprise that could disrupt Fed’s gradual easing path. Market sentiment has therefore strengthened, with Fed fund […] The post Dollar Softens Slightly Post-CPI; Focus Turns to Aussie Employment Data appeared first on Action Forex.
Shalika Dogra
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US stock futures have jumped in a relief rally following release of October US CPI data, which, while showing an uptick in headline inflation and steady core inflation, stayed within expectations. This in-line report eases fears of an inflation surprise that could disrupt Fed’s gradual easing path. Market sentiment has therefore strengthened, with Fed fund […]
The post Dollar Softens Slightly Post-CPI; Focus Turns to Aussie Employment Data appeared first on Action Forex.
