US CPI met market expectation. Dollar bears seem to be “relieved” and fresh selling seen after the release
US CPI Jan: 0.2% mom vs exp 0.2% mom vs prior 0.5% mom
US CPI Jan: 2.2% yoy vs exp 2.2% yoy vs prior 2.1% yoy
US CPI core Jan: 0.2% mom vs exp 0.2% mom vs prior 0.3% mom
US CPI core Jan: 1.8% yoy vs exp 1.8% yoy vs prior 1.8% yoy
