USD Gains Ahead Of CPI Report

USD rises against major currencies ahead of CPI data The U.S. dollar is gaining against every major currency to start the trading day. The biggest move is against the New Zealand dollar, with the NZDUSD down 0.89% to 0.5799. The June CPI report is due later

USD rises against major currencies ahead of CPI data

The U.S. dollar is gaining against every major currency to start the trading day.

The biggest move is against the New Zealand dollar, with the NZDUSD down 0.89% to 0.5799.

The June CPI report is due later today, with expectations of a 0.2% increase in headline CPI MoM and 4.2% in headline CPI YoY.

Leave a Reply

Your email address will not be published. Required fields are marked *