Dollar Steady Post-CPI as Yen Slips; Aussie Faces Key Jobs Test

Dollar showed minimal reaction, other than some initial jitters, to November’s US CPI data, holding steady within its range as the report largely aligned with expectations. Headline inflation edged up, while core inflation remained flat, refusing to trend lower. With no surprise, the data cleared the way for a 25bps rate cut by Fed next […]

The post Dollar Steady Post-CPI as Yen Slips; Aussie Faces Key Jobs Test appeared first on Action Forex.