August CPI is giving the market another reason to watch the Fed closely.
Headline CPI stayed at 3.4% YoY, right in line with expectations.
But core $CPI came in hotter at 0.3% MoM vs 0.2% expected.
That sticky core reading keeps rate pressure alive.
DXY looks firm, while $BTC and $gold could face near-term headwinds.
$$BTC $DXY $XAU
Headline CPI stayed at 3.4% YoY, right in line with expectations.
But core $CPI came in hotter at 0.3% MoM vs 0.2% expected.
That sticky core reading keeps rate pressure alive.
DXY looks firm, while $BTC and $gold could face near-term headwinds.
$$BTC $DXY $XAU
