2:38 PM · 10 December 2021

BREAKING: US CPI in line with expectations , EURUSD rebounds!

The widely watched US CPI inflation for November has just been released. Headline inflation as expected rose to 6.8% YoY in November, compared to 6.2% YoY last month and an expected 6.8%. Core CPI inflation was also in line with consensus estimates at 4.9% YoY (expected 4.9% YoY) vs. 4.6% YoY in October.

EURUSD rebounded after today's CPI data. Source:xStation5

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