USD Overview (13 January 2022)

U.S. Dollar Currency IndexTVC

Description

⋅ Jan 12, 2022 11:56 PM

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.

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.