The Down Jones Industrial Average (DJIA) is moderately up on Tuesday, with US equities finding gains after a somewhat mixed US Consumer Price Index (CPI) inflation print flashed an uptick in near-term inflation, but investor confidence remains hopeful as Core CPI inflation continues to ease.
February CPI: Risk Skewed To Upside; Long-Term Picture Is Bearish seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
The EUR/USD climbed on Monday, falling just short of 1.0980 before sliding back into 1.0950 in a consolidation pattern that is becoming familiar in the early stages of 2024.
The GBP/USD is bounding higher in a risk-on market session to kick off the new week as broad-market risk appetite steps up in the US market session, pushing the US Dollar (USD) down and giving the rest of the major currencies some breathing room.