The core PCE price index in the United States recorded an annual rate of 3.2% in November, marking the smallest increase since April 2021
The US core PCE price index in November increased by 3.2% year-on-year, with an estimated increase of 3.3%, and the previous value increased by 3.5%. After the data was released, the US dollar index (DXY) rose more than 15 points in the short term.
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The US dollar rally remains unstable as expectations for rate hikes by the European and Japanese central banks rise, with traders waiting for the CPI data.
On Monday, despite rising expectations of a Federal Reserve interest rate hike, the US dollar remained volatile.

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