{"id":244310,"date":"2024-02-09T14:28:12","date_gmt":"2024-02-09T08:58:12","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=244310"},"modified":"2024-02-09T14:28:12","modified_gmt":"2024-02-09T08:58:12","slug":"dollar-could-edge-a-little-lower-if-benign-inflation-trends-are-confirmed-ing-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dollar-could-edge-a-little-lower-if-benign-inflation-trends-are-confirmed-ing-crypto-news\/","title":{"rendered":"Dollar could edge a little lower if benign inflation trends are confirmed \u2013 ING – Crypto News"},"content":{"rendered":"

<\/p>\n

\n

\n Share:<\/span><\/p>\n

Today sees one of the key event risks of the week \u2013 the annual US CPI benchmarks revisions. Economists at ING analyze how the annual update of seasonal adjustment (SA) factors for consumer price inflation could impact the US Dollar<\/a> (USD).<\/p>\n

Was the late 2023 disinflation trend real?<\/h2>\n
\n

Either an upward revision will prompt a modest back-up in short-term US rates and prove Dollar-supportive. Or no material revisions can provide the Fed with confidence that last year\u2019s disinflation trend was a true one \u2013 bolstering the soft-landing scenario and softening the Dollar.<\/p>\n<\/blockquote>\n

\n

Given the market\u2019s conviction call for lower rates this year, risks to the Dollar might be greater to the downside today. And this move could be backed up by contained January CPI readings next week, where we see headline at 0.2% MoM and core at 0.3%.<\/p>\n<\/blockquote>\n

\n

103.20 is the risk for DXY on a break back below 104.00.<\/p>\n<\/blockquote>\n

\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Share: Today sees one of the key event risks of the week \u2013 the annual US CPI benchmarks revisions. Economists at ING analyze how the annual update of seasonal adjustment (SA) factors for consumer price inflation could impact the US Dollar (USD). Was the late 2023 disinflation trend real? Either an upward revision will prompt […]<\/p>\n","protected":false},"author":2,"featured_media":32134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,842,257,459,366,255,250,252,247,253,249,256,254],"class_list":["post-244310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cpi","tag-cryptocurrency","tag-dollarindex","tag-fed","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/244310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=244310"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/244310\/revisions"}],"predecessor-version":[{"id":244311,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/244310\/revisions\/244311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/32134"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=244310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=244310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=244310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}