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.

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