Euro will have a correction and then increase again
The US consumer price index was unchanged in October, with core inflation showing signs of slowing. CPI increased by 3.2% compared to the same period last year. In September, this value was 3.7%.
Therefore, after the inflation report was released, the market predicted a 100% chance that the US Federal Reserve would keep interest rates unchanged in December, compared to 86% before the inflation report was released. The dollar and Treasury yields fell after weaker-than-expected U.S. consumer inflation data. The dollar index, which gauges the dollar's strength against a basket of major currencies, fell sharply, and the yield on the 10-year Treasury note fell to its lowest level, more than a month after the inflation report was released.
Therefore, after the inflation report was released, the market predicted a 100% chance that the US Federal Reserve would keep interest rates unchanged in December, compared to 86% before the inflation report was released. The dollar and Treasury yields fell after weaker-than-expected U.S. consumer inflation data. The dollar index, which gauges the dollar's strength against a basket of major currencies, fell sharply, and the yield on the 10-year Treasury note fell to its lowest level, more than a month after the inflation report was released.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.