Though knowledge distortions are nonetheless more likely to affect the December U.S. CPI report, sturdy outcomes may proceed to stoke hawkish Fed expectations.
Our Occasion Information for the U.S. CPI factors out that the bullish greenback response to final week’s blended NFP report may very well be hinting at how markets may reply to the inflation launch.
This is what I am watching on USD/JPY and USD/CAD on this case.
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