The dollar index rose on the foreign exchange market on the morning of the 13th, New York time. After making up for the temporary drop, it hit a two-week high. The US consumer price index (CPI) rose 0.4% from the month prior to September, beating the median market forecast (0.2% increase). The core CPI index also rose better than expected.
The US consumer price index rose 0.4% month-on-month in September to 8.2% year-on-year
The Bloomberg Dollar Spot Index, which tracks the movements of the dollar against the 10 major currencies, was up 0.3%. It was down 0.3% prior to the release of the CPI data.
The dollar rose 0.3% against the yen to 147.40 yen. It is developing to test the 1998 peak of 147.66 yen. Before the CPI was announced, it was hovering around ¥ 146.73.
The euro fell 0.7% against the dollar to $ 0.9630 per euro. Before the statistic was released, it was $ 0.9748.
news-rsf-original-reference paywall">Original title: Dollar Rises Two Weeks High After US CPI Report, Yen Falls (Extract)
