US Consumer Price Index brings USD down by 0.10%

November 16, 2017

Dollar index went down due to US consumer price index results.

US Consumer Price Index brings USD down by 0.10%

The CPI figures were announced on Wednesday. Statistics showed that month on month CPI rose from 0.1% to 0.2% in the month of October. The statistics was in line with the expected figure of 0.2%.

Year on year consumer prices increased 2% last month matching expectations and easing from 2.2% rate seen in September. The EUR/USD was up slightly at 0.13% following the results compared to its price ahead of the report.

The dollar index was down by 0.10% by the end of the day.

If you think Dollar Index will continue to go down, click on the SELL button, or if you think it will go up, click on the BUY button.


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