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Dec 11 - 02:55 AM

EUR/USD - US CPI Unlikely To Shift EUR/USD Downside Bias

By Jeremy Boulton  —  Dec 11 - 02:25 AM
  • US CPI expected to rise to 2.7% yy from 2.6%

  • Range of forecasts made by 44 polled by Reuters is 2.6-2.8%

  • Core CPI seen unchanged at 3.3% yy

  • Both measures of inflation still above Fed's 2% target

  • In 2025 the U.S. int/rate seen falling to 3.75, ECB to 1.75%

  • Rate gap weighing EUR/USD expected to widen weighing EUR/USD

  • Next year may see flight to safer dollar nL8N3NA0OF

Source:
London Stock Exchange Group | Thomson Reuters

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