Latest US inflation data for April 2015
- Prior -0.1%
- 0.1% vs 0.1% exp m/m. Prior 0.2%
- Core 1.8% vs 1.7% exp y/y. Prior 1.8%
- 0.3% vs 0.2% exp m/m. Prior 0.2%
- Real weekly earnings 0.0% vs -0.2%. Revised to -0.3%
The core holding up has given the dollar a boost to 121.31 from 120.80
The market is pointing to the monthly numbers being the biggest gain since Jan 2013
It's yet another sign that the buyers are waiting in the wings to jump onto scraps of good data. USDJPY now at 121.41
US CPI & core y/y