EUR/USD middled on Tuesday after mixed US CPI inflation print pins pair
The EUR/USD spent most of Tuesday cycling familiar territory, with the pair churning chart paper just north of 1.0900.
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The EUR/USD spent most of Tuesday cycling familiar territory, with the pair churning chart paper just north of 1.0900.
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.
USD/INR continues to hold around the 83.00 level and within the 82.50-83.50 range of the past four months.
The USD/JPY hit a familiar hit bid at 148.70 as markets picked up the US Dollar (USD) through Tuesday, keeping the Japanese Yen (JPY) broadly lower on the day.
As we edge closer to the year's end, the economic narrative of the United States continues to evolve, marked by subtle shifts and emerging patterns.