Daily Review from Trade24 - October 23, 2014 US CPI figures - TopicsExpress

Daily Review from Trade24 - October 23, 2014 US CPI figures surprised markets, sending the USD higher against the majors. The higher consumer price index indicates that the Fed has to think about raising rates earlier than they would like to. The CPI is only one of the indicators the Fed is watching to set interest rates, so the data is not so significant. Nevertheless, the market always needs new data to speculate about future interest rates. Yesterday it got the CPI to chew on. Full review: trade-24/daily-review

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