US dollar slips on weaker US CPI

Jun 12, 2025 | Currency

12.6.25 Softer than expected US CPI data drove down US rates and the US dollar, although European currencies have been the main beneficiary, says BNZ Markets. US inflation data were weaker than expected, with the CPI ex food and energy, up 0.1% compared to the consensus estimate of 0.3%, meaning that the annual increase was […]

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US dollar slips on weaker US CPI

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