• US Dollar Forecast: CPI Holds Steady While Dollar Consolidates - GBP/USD and EUR/USD Outlook

    Source: Buzz FX / 16 Jan 2025 04:26:22   America/New_York


    The US Dollar faced renewed pressure after mixed economic data. Core CPI m/m rose 0.2%, falling short of the 0.3% forecast, while CPI y/y remained steady at 2.9%. The Empire State Manufacturing Index plunged to -12.6, significantly missing
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