US December CPI to determine whether risk rally continues – ING CPI DollarIndex RiskAppetite Banks
isk assets and today's release should determine whether this year's rally – and the decline in the Dollar – continue, economists at ING report.“A number in line with consensus probably allows the risk rally to continue.”
“Any upside surprise in the number could see DXY bounce to the 104.00/104.25 area, but we doubt it would completely spell the end for the better risk/softer Dollar environment.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forex Today: US Dollar looks vulnerable as focus shifts to December CPI dataForex Today: US Dollar looks vulnerable as focus shifts to December CPI data – by eren_fxstreet Currencies Majors Macroeconomics Commodities Inflation
Read more »
Jim Cramer explains why the December CPI number is a ‘big deal’'Unless inflation's coming down in all the right places, this earnings season could be very rough,' he said.
Read more »
Stock market today: Dow ends higher amid bets inflation cooled further in December By Investing.com*NASDAQ RISES FOR 4TH STRAIGHT SESSION AS STOCKS JUMP AMID BETS INFLATION COOLED FURTHER IN DECEMBER
Read more »
EUR/USD could press last May's high at 1.0785 – INGEUR/USD managed to nudge up to a new high yesterday. Economists at ING believe that the pair could test last May's high at 1.0785. High natural gas pr
Read more »
USD Index set to tick down toward 102 – INGFX markets continue to trade with cautious optimism. Economists at ING expect the US Dollar Index to edge lower towards the 102 level. Look out for co
Read more »
Life coach slams ex-lovers who stay ‘friends’: ‘You are motherf—ing lying’Motivational writer and podcaster Ace Metaphor declared that an ex-lover can’t be called a “friend” — that’s an insult to your current partner.
Read more »