USD softens ahead of release of latest US Consumer Price Index (CPI) report. Economists at MUFG Bank analyze how the Dollar could react to inflation data.
Unless there is a significant upside surprise in today’s CPI report today, the slowing inflation trend should encourage the Fed to begin cutting rates giving it more confidence that inflation is falling back towards their target.
Even though inflation has been slowing during the 2H of last year, USD performance immediately following the release of CPI reports has been mixed recently. The US Dollar Index (DXY) strengthened by +0.3% in the first hour after the last US CPI report was released on 12th December and has strengthened three times in the first hour following the release of the last six US CPI reports.
The clearer trend is that the USD has moved more in percentage terms in response to the last three US CPI reports highlighting that inflation readings are becoming more important with Fed policy at a pivot point.
With the US interest rate market still pricing in around 18 bps of Fed cuts by March, another softer inflation reading will be required today to meet expectations for an early rate cut otherwise the Dollar will attempt to stage a relief rally.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.