Forex trading new for September 16, 2016
The dollar was stronger today. Helping the greenback was a better than expected CPI which came in at +0.2% for the headline (vs +0.1%) and +0.3% for the ex food and energy (est. +0.2%). There was other data like real average earnings and Univ of Michigan Sentiment which was weaker at 89.8 vs 90.6, but it was the inflation that helped the dollar outperform.
Forexlive Americas FX news wrap: The USD moves sharply higher on CPI/GBP weakness
