It is CPI Day in America. Bloomberg Economist expects a 0.3% increase in February consumer prices. On a year-over-year basis, the consensus is 3.7%. I guess we will find out how in line the consensus is with the actual numbers in 15 minutes.
Meanwhile, Atlanta’s international community is looking at the following foreign exchange rates of interest as of 8:05 am today.
USD/JPY=147.4781
EUR/USD=1.0934
USD/MXN=16.8207
USD/INR=82.7771
Source: x-rates.com
USD/NGN=1,597.71
Source: OANDA
Alton Drew
12 March 2024