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Mid-week Market Update: Hot US CPI Boosts Buck

by Joel Frank
13 July 2022
in Insights
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US Consumer Price Index data for June was just released and showed price pressures at much higher levels than expected in the US last month. That helped boost the buck and hit equities, with traders now being forced to discuss a more aggressive Fed tightening cycle. 

For more trading details, please check the hyperlinks with time stamp indicated from the video: 

4:18 EUR/USD

6:44 S&P500

7:45 CRUDE OIL

Tags: CPICrude oilEconomic CalendarEURUSDInflationUSA500
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