others
Strong CPI print to prompt a bigg Dollar move to the upside – MUFG – Crypto News
Today brings the key data of the week – the US Consumer Price Index (CPI) report. Economists at MUFG Bank analyze how inflation figures could impact the US Dollar (USD).
Limited scope for Dollar weakness
A good inflation print today will likely be enough to halt the move higher in short-term yields but it would take a substantially weaker CPI print to prompt a deeper plunge in yields that would drag the Dollar weaker.
A March rate cut looks like a lost cause now but a very weak CPI print will see May very much back in play. But with the ECB still not dismissing an April cut completely we see limited scope for Dollar weakness.
A strong CPI print looks more likely to prompt a bigger Dollar move to the upside as a May cut would be put in further doubt.
-
De-fi2 days agoHow the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk – Crypto News
-
Technology2 days agoWhile Big Tech chased AI, Apple built something else – Its biggest product wave yet | What’s coming in 2026 and beyond – Crypto News
-
Cryptocurrency4 hours agoOpenAI’s GPT-6 Astra Is Shockingly Good at Almost Everything – Crypto News