FX Daily: Boring CPI, boring August?
USD: Markets remain hawkish after CPI The dollar had a short-lived negative reaction to the spot-on consensus 0.1% headline and 0.2% core month-on-month CPI print yesterday. The driver was a small dovish repricing in Fed rate expectations, which told us that markets were positioned for a slightly hotter print than consensus. In any case, the ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.