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🇺🇸 US inflation came in almost exactly in line with expectations The August CPI report gave the market a fairly calm picture: MoM: +0.4% vs +0.4% forecast YoY: +3.4% vs +3.4% forecast Core CPI: +2.4% YoY vs +2.4% expected So overall, there was no real surprise. The data came in right in line with expectations. ‼️ The only thing worth noting is that monthly core inflation came in slightly worse than forecast, so the dollar could get a bit of support from that. But based on these numbers alone, I wouldn’t expect a major move.

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Silver erases post-CPI slump, rebounds from three-week low Silver (XAG/USD) rebounds sharply on Friday, trading around $64.30 at the time of writing, up 1.13% on the day. The white metal recovers after briefly falling to a three-week low of $62.94 in the immediate reaction to the latest United States (US) inflation... Read more on VIP 👈

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