US Dollar Rockets Higher as Inflation Spikes to 4.2% in April

The US Dollar is ripping sharply higher in response to red-hot inflation data just crossing market wires. Headline and core CPI came in at 4.2% and 3.0%, which could up the ante for Fed taper talks.

from DailyFX - Market News https://ift.tt/2Rh7hQy
via IFTTT