The US CPI report is due on the backside of the hour. That is from BMO:
We’ve heard chatter of the ‘unofficial’ consensus being a ‘low’ +0.3% CPI m/m which means draw back shock potential
That fear seems to be percolating in the mean time with the US greenback on the lows of the day throughout the board.
Give attention to core CPI.
This text was written by Adam Button at www.forexlive.com.
