Yesterday, USD weakened against most major currencies except NZD and CAD.
Earlier today, President Trump signed the Hong Kong sanctions bill, ending the preferential economic treatment that Hong Kong has been receiving from the U.S. for years.
The U.S. core CPI m/m data released yesterday indicated a recovery from deflation in June mainly due to the sharp rise in oil prices.
Earlier today, President Trump signed the Hong Kong sanctions bill, ending the preferential economic treatment that Hong Kong has been receiving from the U.S. for years.
The U.S. core CPI m/m data released yesterday indicated a recovery from deflation in June mainly due to the sharp rise in oil prices.
- CPI m/m (Actual: 0.6%, Forecast: 0.5%, Previous: -0.1%)
- Core CPI m/m (Actual: 0.2%, Forecast: 0.1%, Previous: -0.1%)