Inflation data in the US

The report on inflation in the US was ambiguous..

• So, the basic consumer price index (CPI) in the US (m/m) unexpectedly rose to 0.3%, thus surpassing expectations.
• But the consumer price index (CPI) in the US (m/m) in December fell significantly to 0.1%, causing mixed American fluctuations in the market.

The report itself on inflation is perceived by the market more positively, as indicated by a restrained correction of the US dollar index. But it is also worth noting that interest in the euro has declined markedly. This is especially seen in the decline of the euro against the pound, which may further indicate a correction for the euro.

The US currency, despite the ambiguity of the US data, has probably moved into a correction phase, the depth of which will largely depend on the start of American stock markets.

Graph of the US dollar index. The current price is 91.20.

Hanzenko Anton