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Back Fundamental analysis
Why Did the U.S. Dollar Drop So Sharply?
The dollar has plunged, and risk
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The dollar has plunged, and risk assets have risen. This was the reaction to the U.S. June inflation report, which delivered the strongest disinflationary surprise to the market in recent times.According to the data, the overall Consumer Price Index (CPI) rose by only 3.5% year-over-year, significantly missing the forecast of 3.8% and sharply slowing from May's 4.2%. The month-on-month dynamics are even more telling: prices decreased by 0.4% when only a 0.1% decrease was anticipated, while a 0.5% rise had
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Maxim Magdalinin
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