Watch US CPI next week – TDS

By FXStreet Analysts at TD Securities explained next week’s events and draw out US CPI as a highlight.

Key quotes:

“Weaker gasoline and food prices should push headline CPI down a further 0.1%, marking the second consecutive monthly decline. However, favourable base effects should push annual inflation higher to 1.2% from 0.7% last month.

Core inflation should remain weak and eke out a 0.1% m/m gain while the pace of inflation should slip modestly, falling to 2.0% on account of the strong dollar.”
For more information, read our latest forex news. …read more

Source:: FX Street