CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: USD weakens after CPI inflation report

13:36 14 September 2021

The widely watched US CPI inflation for August has just been released. The data came in line with expectations as the headline inflation dropped slightly to 5.3% YoY in August  compared to 5.4% YoY print last month. The Core CPI figure came in below  the consensus estimate as it amounted to 4.0% YoY (vs exp. 4.2% YoY) and compared with 4.3% YoY in July.

US inflation rate still remains elevated. Source: Macrobond, XTB

EURUSD broke above the 1.1825 resistance level after today's data releases and is testing 200 SMA (red line). Source:xStation5  

 

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