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Forex: The dollar retreats moderately

16/09/2021
Categories: Economy/Forex

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After the release of the CPI, the Dollar seems weakened against all currencies. It lost 0.15% against the euro around 1.1825 and -0.38% against the yen and the Swiss franc.

The dollar fell back moderately and only held up against the pound at 1.3838. The remuneration of the Dollar fell sharply after the US inflation figures published at 2:30 p.m. which came out quite significantly below expectations: the increase is only +0.1% in 'core' data (excluding food and energy (against +0.3% expected), which reduces the annual variation from -0.3% to 4.00% (compared to 4.2% expected).Inflation comes out at +0.3% in 'raw data' compared to compared to July (against +0.4% expected, for an annualized rate of +5.3% after +5.4% in July).T-Bonds 2031 fell from 1.3250% to 1.2800% after a peak at 1.348%.

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