Home » Economy » Dollar falls below 151 yen – US CPI growth rate falls below expectations – Bloomberg

Dollar falls below 151 yen – US CPI growth rate falls below expectations – Bloomberg

by Alexandra Hartman Editor-in-Chief

2023-11-14 13:59:12

The U.S. consumer price index (CPI) for October was lower than expected in both the composite and core index, and the dollar weakened. Against the yen, the price has fallen to the 150 yen level from the year-to-date high of 151.91 yen reached on the 13th.

All G10 currencies appreciated once morest the dollar, with the Australian dollar in particular gaining strength. The euro is at its highest since September 5th. The pound rose 1% to $1.2404, its highest level since the 6th of this month.

news-rsf-original-reference paywall">Original title: Dollar Drops on Weaker-Than Expected CPI; G-10 Currencies Rally (excerpt)

*EURO SURGES TO HIGHEST SINCE SEPT. 5 AFTER US CPI REPORT、*GBP/USD EXTENDS GAINS; RISES 1% TO 1.2404, HIGHEST SINCE NOV. 6

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