Yesterday, USD weakened against all major currencies.
The CPI m/m data released yesterday indicated that prices in the U.S. continue to rise in December, moving closer towards the 40-year high level.
The PPI m/m data will be released later at 2130 (GMT+8).
FOMC member Brainard will be testifying on her nomination of Vice Chair before the Senate banking committee later at 2300 (GMT+8). During this time, there may be volatility in USD.
The CPI m/m data released yesterday indicated that prices in the U.S. continue to rise in December, moving closer towards the 40-year high level.
- CPI m/m (Actual: 0.5%, Forecast: 0.4%, Previous: 0.8%)
- Core CPI m/m (Actual: 0.6%, Forecast: 0.5%, Previous: 0.5%)
The PPI m/m data will be released later at 2130 (GMT+8).
- PPI m/m (Forecast: 0.4%, Previous: 0.8%)
- Core PPI m/m (Forecast: 0.5%, Previous: 0.7%)
FOMC member Brainard will be testifying on her nomination of Vice Chair before the Senate banking committee later at 2300 (GMT+8). During this time, there may be volatility in USD.
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