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Don’t waste your time – keep track of how NFP affects the US dollar!
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Personal areaThe United States will publish Core PCE Price Index on Thursday at 15:30 GMT+2. This is the change in the price of goods and services purchased by consumers, excluding food and energy. Its main difference from CPI is that it only measures goods and services targeted towards and consumed by individuals.
As the market awaits the beginning of tapering and hawkish steps by the Federal Reserve, traders will be looking for final inflation releases of the year. Last time, this indicator came out in line with the forecast of 0.4%. Will it outperform the expectations this time?
To trade on this release, you need to check the figures in the economic calendar and compare them with the forecast.
Instruments to trade: EUR/USD, GBP/USD, USD/JPY