Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The typical/expected impact on USD pairs is high.
The consensus forecast for Consumer Price Index (MoM) is 0.3%. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Consumer Price Index (MoM) was 0.4% against a forecast of 0.3%.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (MoM) result:
Country: | United States |
---|---|
Currency: | USD |
Source: | US Bureau of Labor Statistics |
Category: | Inflation |
Frequency: | Monthly |