Sizeable USD drop after US CPI

Nov 15, 2023 | Currency, Economy, Global Share Markets, Money Market

There were large moves across global markets as US CPI printed below consensus expectations, notes BNZ Markets. “The data increased the likelihood that the US Federal Reserve hiking cycle is complete and the next move in the policy rate will be a cut in 2024,” comments Stuart Ritson, senior interest rate strategist. “Equities made […]

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Sizeable USD drop after US CPI

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