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  • Consumer Price Index - December 2022

    From bls.gov

    The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.5 percent before seasonal adjustment. The index for gasoline was by far the largest contributor to the monthly all items decrease, more than offsetting increases in shelter indexes. The food index increased 0.3 percent over the month with the food at home index rising 0.2 percent. The energy index decreased 4.5 percent over the month as the gasoline ... (full story)

Added at 8:36am

  • Consumer prices fell 0.1% in December, in line with expectations from economists

    From cnbc.com

    Inflation closed out 2022 in a modest retreat, with consumer prices posting their biggest monthly decline since early in the pandemic, the Labor Department reported Thursday. The consumer price index, which measures the cost of a broad basket of goods and services, fell 0.1% for the month, in line with the Dow Jones estimate. That equated to the largest month-over-month decrease since April 2020, as much of the country was in lockdown to combat Covid. Even with the decline, headline CPI rose 6.5% from a year ago, highlighting the persistent burden that rising cost of living has placed on U.S. households. However, ... (full story)

a BIG "NOTHING BURGER"
GOOD FOR USD ... EURUSD will be going down because sideways market tf H1/h4 and range up move has complete
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All my analysis is based on Wyckoff Methods
CPI fell again
USD dead. Monthly RSI, MACDbearish chart will follow
Why did the dollar fall?
Quoting masoudja
Why did the dollar fall?
Market manipulation
USD index might go down?
Quoting masoudja
Why did the dollar fall?
Because, finally, inflation is able to fall in line with forecasts. This takes a little pressure of Fed to be so aggressive with rate hikes...... which translates as a less desirable USD than previously thought.

Basic stuff.
They keep trying but King EUR keeps on slaughtering
Quoting rcbhowal
USD index might go down?
take your losses
Why is the FED so weak, or should POWELL take strong medicine first so the FED can neutralize prices.
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All my analysis is based on Wyckoff Methods
Quoting hesron
Why is the FED so weak, or should POWELL take strong medicine first so the FED can neutralize prices.
FED is really strong. but pls Let's try and think it through. Has any of the global causes of inflation been handled?
AUDUSD. moonbois are back
Quoting Horiyomy
{quote} FED is really strong. but pls Let's try and think it through. Has any of the global causes of inflation been handled?
aren't all countries experiencing an increase in inflation ....... is the increase in inflation in the euro also not worse
All my analysis is based on Wyckoff Methods
Weak USD mis guided
Quoting hesron
{quote} aren't all countries experiencing an increase in inflation ....... is the increase in inflation in the euro also not worse
"It might be rising in economies around the world, but it's coming down here." - POTUS on Twitter after this report
Thanks GREAT GOD ALMIGHTY FOR TODAY'S MARKET... ITS AS WE PLANTED
No special is available in hand or pipeline to bull USD. No hope...but the story is available. Nothing at the end.
Inflation came down a bit because of the small drop in energy over the holiday due to Covid lock down in China but as we speak energy prices are moving up again, so don’t hold your breath on this one. Inflation is here to stay….. damage done by the wokes !!!
Why does it seem like the unemployment rate had a muted impact on the USD, doesn't a lower than expected unemployment rate signify economic growth and hence a stronger currency?
Quoting Wingcommandr
AUDUSD. moonbois are back
What do you mean by this?? I am curious.
Quoting dean
{quote}What do you mean by this?? I am curious.
dean Still using Trading Simple method eelfranz ... ? Because I saw you tested it for a long time
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