Yesterday, USD strengthened against most major currencies except EUR, JPY and CHF.
During his speech yesterday, Fed Chairman Powell expressed optimism in the U.S. economy, saying that the recovery has been faster than expected. He also highlighted that the coming months will be challenging with the spread of COVID-19.
The CPI m/m data released yesterday indicated no change in inflation in October.
During his speech yesterday, Fed Chairman Powell expressed optimism in the U.S. economy, saying that the recovery has been faster than expected. He also highlighted that the coming months will be challenging with the spread of COVID-19.
The CPI m/m data released yesterday indicated no change in inflation in October.
- CPI m/m (Actual: 0.0%, Forecast: 0.1%, Previous: 0.2%)
- Core CPI m/m (Actual: 0.0%, Forecast: 0.2%, Previous: 0.2%)
- Core PPI m/m (Forecast: 0.2%, Previous: 0.4%)
- PPI m/m (Forecast: 0.2%, Previous: 0.4%)
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