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Back Fundamental analysis
EUR/USD: What Does the US May CPI Report Indicate?
Almost all components of the CPI
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Almost all components of the CPI report published on Wednesday met expectations, reflecting acceleration in both overall and core annual inflation. At first glance, this appears to be a significant advantage for the US dollar, but dollar bulls are hesitant to capitalize on it. We will discuss the reasons for such a reaction below, but for now, let's analyze today's release. As soon as the geopolitical agenda takes a back seat, "classical" fundamental factors will remind us of their presence,
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Irina Manzenko,
Analytical expert of InstaForex
© 2007-2026
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Irina Manzenko
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