Analysts at TD Securities note that the US February CPI slid to 1.5%, below consensus thanks to a broadly weak showing across core goods and services. Key Quotes “Core CPI decelerated to 2.1%, with widespread disappointment concentrated in goods. On an encouraging note, however, OER showed a strong pickup.” “This report helps to embolden our view that shelter CPI will maintain its upward pull on inflation this year. But the lack of breadth especially across core services prices makes us more cautious going forward.” “FX: Softer core reading emphasizes the cautious tone of central banks currently, and by extension suppressed vol and carry strategies. We note however that the USD remains the carry king within the G10, so the knee-jerk pop in the dollar bloc are unlikely to be sustained.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD climbs toward 0.71 as USD weakens on soft inflation data FX Street 4 years Analysts at TD Securities note that the US February CPI slid to 1.5%, below consensus thanks to a broadly weak showing across core goods and services. Key Quotes "Core CPI decelerated to 2.1%, with widespread disappointment concentrated in goods. On an encouraging note, however, OER showed a strong pickup." "This report helps to embolden our view that shelter CPI will maintain its upward pull on inflation this year. But the lack of breadth especially across core services prices makes us more cautious going forward." "FX: Softer core reading emphasizes the cautious tone of central banks currently, and by extension suppressed… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
