USAThe release of consumer inflation in July 2021 in the US stirred markets today. In5.4%, the index reproduced the result of June, representing the highest annual value in the last 13 years

Juliana Calil
11/08/2021

HIGHLIGHTS

USAThe release of consumer inflation in July 2021 in the US stirred markets today. In5.4%, the index reproduced the result of June, representing the highest annual value in the last 13 years.This value is in line with the market’s expectation of 5.3%, but even so, it caused asudden rally in the EURUSD, which held up throughout the rest of today’s session. despitedecelerated, energy prices continue to exert upward pressure on inflation (23.8% in theaccumulated in 12 months), used cars and trucks (41.7%), and transportation services (6.4%). Indeedincreased this month, food (3.4%), new vehicles (6.4%) and housing (2.8%). In relation to the monthprevious year, inflation (or the so-called core CPI) rose 0.3%. Investors noted that, stillthat high, the index changed little from one month to the next. If this continues, it will take longerthan expected for the Fed to begin its process of decreasing the monthly purchase volume ofassets, currently at USD 120 billion.

ACTIVE

EURUSDEven with a small range, the assettook a leap at the time of disclosureof July inflation in the US. While theECB will maintain its accommodative policy,with interest rates at record levelsfor longer, the Fed sees itself in thismoment, thank you to follow the sameway, even if I wanted to change thiscourse. Therefore, the asset is beingtraded around 1.1740, withvaluation of 0.17%

August 11, 2021ForEx Trading – by Juliana Calil.HIGHLIGHTS▪ USAThe release of consumer inflation in July 2021 in the US stirred markets today. In5.4%, the index reproduced the result of June, representing the highest annual value in the last 13 years.This value is in line with the market’s expectation of 5.3%, but even so, it caused asudden rally in the EURUSD, which held up throughout the rest of today’s session. despitedecelerated, energy prices continue to exert upward pressure on inflation (23.8% in theaccumulated in 12 months), used cars and trucks (41.7%), and transportation services (6.4%). Indeedincreased this month, food (3.4%), new vehicles (6.4%) and housing (2.8%). In relation to the monthprevious year, inflation (or the so-called core CPI) rose 0.3%. Investors noted that, stillthat high, the index changed little from one month to the next. If this continues, it will take longerthan expected for the Fed to begin its process of decreasing the monthly purchase volume ofassets, currently at USD 120 billion.ACTIVEEURUSDEven with a small range, the assettook a leap at the time of disclosureof July inflation in the US. While theECB will maintain its accommodative policy,with interest rates at record levelsfor longer, the Fed sees itself in thismoment, thank you to follow the sameway, even if I wanted to change thiscourse. Therefore, the asset is beingtraded around 1.1740, withvaluation of 0.17%.ActionsWhile the Dow Jones Industrial Average and theS&P 500 closed up 0.62% and 0.25%respectively, Nasdaq fell 0.16%. Atmajor European stock exchanges closed thetoday’s session with high, with the benchmarkDAX 30 approaching 16 thousand points

DXYThe prospect of a decrease in purchasesof assets by the Fed later this year and rateshigher interest rates already in 2022, added togetherto the strong US jobs report ofJuly 2021, which had been strengthening theactive, today were countered by theJuly inflation, which has been deceleratingslowly, keeping high. the DXY isbeing traded around 92.9 points,with a drop of 0.16% in the session

BondsUS Treasury Bond Yieldmaturing in ten years, which monitors thecapital flow to the dollar, closed todaypractically stable, with a drop of 0.49%,at 1.335

Source:https://wintrademarkets.com/

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