Hot US CPI lifts then fades USD and yields
Hotter-than-expected US CPI initially lifted the Dollar and US Treasury yields, but both moves faded as markets reassessed Fed tightening risks. The DXY failed to hold gains and Fed hike probabilities reversed.
Original · FXStreet AI summary of public reporting
Why: Hot CPI fades → lower Fed hike odds
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Prices since publication
At publication → CurrentEUR1.122 → 1.121−0.2%
JPY157.78 → 158.16+0.2%
para:10Y— → ——