US Core PCE Inflation impacts markets

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At 12:30 GMT, the US Bureau of Economic Analysis released the United States Core Personal Consumption Expenditures.

The market consensus was that the price would have increased by 0.4% on a month on month basis. However, the number was revealed to be 0.3%.

The release caused an immediate sharp drop of the value of the US Dollar against other financial assets.

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