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On Tuesday, the US Consumer Price Index was released. Monthly inflation in the US was revealed to be at 1.2%.
Due to the news, the value of the USD plummeted, as the markets interpreted the news as a signal of incoming US monetary tightening.
Tue, 12 Apr 2022 12:54:34 GMT
Source: Dukascopy Bank SA
On Tuesday, the US Consumer Price Index was released. Monthly inflation in the US was revealed to be at 1.2%.
Due to the news, the value of the USD plummeted, as the markets interpreted the news as a signal of incoming US monetary tightening.