US 5-year inflation expectations drop to three-week low ahead of US CPI – by anilpanchal7 Inflation RiskAppetite Fed Events CPI
during early Thursday. In doing so, the DXY retreats towards the seven-week low while fading the previous day's bounce, retreating to 110.30 by the press time.
A bit broader inflation expectations, however, remained a bit less weak as the 10-year breakeven inflation rates per the St. Louis Federal Reserve data slide to 2.42% while refreshing the weekly low.for October, which in turn could exert downside pressure on the DXY considering the latest talks surrounding the easy rate hikes in December.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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