Dollar Gains Post-US CPI, But Momentum Subdued

<p><img width="612" height="416" src="https://www.actionforex.com/wp-content/uploads/2023/03/f-usd230.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2023/03/f-usd230.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/03/f-usd230-600×408.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/03/f-usd230-150×102.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/03/f-usd230-300×204.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The financial markets’ initial reactions to stronger than expected US CPI readings are relatively subdued. While there was an immediate response with Dollar and yields rising, and stock futures dipping, these movements lacked significant follow-through. The exception in the currency markets was USD/JPY, which broke through last week’s high. However, this move is attributed to […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/534889-dollar-gains-post-us-cpi-but-momentum-subdued/">Dollar Gains Post-US CPI, But Momentum Subdued</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>