BREAKING: USD strengthensĀ after PCE reading

13:33 23 December 2022

Data pack for November:

ā€¢ Headline PCE inflation: 5.5% YoY vs 5.6% YoY expected (6.0% YoY previously)

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ā€¢ Core PCE inflation: 4.7% YoY vs 4.6% YoY expected (5.0% YoY previously)

ā€¢ Personal spending: 0.1% MoM vs 0.2% MoM expected (0.8% MoM previously)

ā€¢ Personal income: 0.4% MoM vs 0.3% MoM expected (0.7% MoM previously)

ā€¢ Durable goods: -2.1% MoM vs -0.6% expected (1.0% MoM previously)

EURUSD pair pulls back to 1.0600 mark. Source: xStation5

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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