Dollar lower, but remains elevated after U.S. CPI release By Investing.com

© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Friday, but remained near the previous session’s elevated levels after the release of sticky U.S. inflation data awakened the prospects of another Federal Reserve interest rate hike this year. At 03:10 ET (07:10 GMT), the Dollar Index, which tracks the greenback against

Yen Wary on US CPI Forecasts

USD/JPY ANALYSIS & TALKING POINTS Poor Japanese economic data keeps USD/JPY supported. US CPI expected lower after PPI miss yesterday. 150 retest on the cards. Supercharge your trading prowess with an in-depth analysis of the Japanese Yen outlook, offering insights from both fundamental and technical viewpoints. Claim your free Q4 trading guide now! Recommended by

China September CPI +0.2% m/m (vs. expected +0.3%)

China’s run of low consumer inflation continues. And PPI continues to deflate y/y. The m/m PPI was +0.4%, rising oil a factor pushing it higher. Of more interest will be the trade data due some time around 0300 GMT (11pm US Eastern time). The release time is flexible. This article was written by Eamonn Sheridan