US CPI PREVIEW: STRONG CPI PRINT TO PROMPT A BIGG DOLLAR MOVE TO THE UPSIDE – MUFG

avatar
· 閱讀量 114



Today brings the key data of the week – the US Consumer Price Index (CPI) report. Economists at MUFG Bank analyze how inflation figures could impact the US Dollar (USD).

Limited scope for Dollar weakness

A good inflation print today will likely be enough to halt the move higher in short-term yields but it would take a substantially weaker CPI print to prompt a deeper plunge in yields that would drag the Dollar weaker.

A March rate cut looks like a lost cause now but a very weak CPI print will see May very much back in play. But with the ECB still not dismissing an April cut completely we see limited scope for Dollar weakness. 

A strong CPI print looks more likely to prompt a bigger Dollar move to the upside as a May cut would be put in further doubt.


風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0

暫無評論,立馬搶沙發

  • tradingContest