98K jobs change and US Dollar still goes up. Well, price goes where price goes!
This week I look forward to the release of the British Consumer Price Index (CPI), which is their main gauge of inflation and may trigger a rate hike if it continues to increase. The indicator shows changes in the price paid by consumers for a sample basket of goods and services and usually a higher value strengthens the Pound. The operative word is always "usually"
The release is scheduled Tuesday April 11 at 8:30 am GMT and the expected change is 2.2% (previous 2.3%)