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EUR/USD declines to the lower 1.0900s on Tuesday during the US session after the release of US Consumer Price Index (CPI) inflation data showed inflationary pressures were higher than expected in February.
Inflation rose slightly to 3.2 percent in February as prices were pushed up by housing costs and gas.
The New Zealand Dollar trades lower against the US Dollar on Tuesday after the release of US Consumer Price Index (CPI) data for February shows inflationary pressures in the American economy remain stubbornly high.
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was set to snap a two-session fall on Tuesday, rising along with Treasury yields after data showed U.S. inflation remained sticky in February, indicating the Federal Reserve could keep interest rates higher for longer than is currently expected. The consumer price index (CPI) rose…
The Down Jones Industrial Average (DJIA) is moderately up on Tuesday, with US equities finding gains after a somewhat mixed US Consumer Price Index (CPI) inflation print flashed an uptick in near-term inflation, but investor confidence remains hopeful as Core CPI inflation continues to ease.