The US Dollar (USD) experienced an initial decline following the release of the consumer price index (CPI) report but managed to stabilize as market skepticism regarding the data grew. The DXY index was last observed around 98.69, reflecting a recovery from its earlier losses.
In November, inflation levels eased unexpectedly, with headline CPI registering at 2.7% and core CPI at 2.6%, both lower than the anticipated figures of 3.1% and 3%. This surprising shift in inflation dynamics has implications for trading strategies involving the USD, influencing the exchange rate against key currency pairs such as EUR/USD.
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Data Source: FX Killer Analysis Team Updated: 2025-12-19 11:39
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.