Inflation data on the US

The report on inflation in the US was very ambiguous due to unjustified forecasts and revision of previous values. More information on inflation data can be found in the Market News.

As a result of the mixed report on inflation, the US dollar index accelerated the decline, mainly against the assets of the safe harbor. The decline in the American also led to a decline in the profitability of the US state bonds.

As a result, the dollar index is trading near the level of 93.400-500. The consolidation below this level will open the way to the levels of 93.000-92.900. The main decline in the US dollar is traced against the assets of the safe harbor, which is caused by the negative sentiment of the market.

Hanzenko Anton