US CPI (M/M)


Fx News Spike Signals by Crazy Cat, 2020/03/11

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 0.0%
Prior: 0.1%
LT1 (Lower Trigger 1): -0.3 [SELL]
UT1 (Upper Trigger 1): +0.3 [BUY]
Safety: 1

The market was very volatile past few days and, in fact, today we had emergency interest rates cut in the UK. The coronavirus is messing up with the global economy, causing a lot of unexpected announcements and other measures that put a lot of companies in financial stress. Perhaps it would be best to wait a few days for the market to calm down and deal with this reality in a more predictable way. It's likely that after the initial overreaction cool heads will prevail.

Based on 77 estimates, the median estimate is 0.0% and the average estimate is 0.0%. The highest estimate is +0.2% (two estimates), and then 0.1% (14 estimates), 0.0% (53 votes), -0.1% (seven estimates), and finally, the lowest estimate is -0.2% (one estimate). One standard deviation is 0.06%, the same as last month.

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