Dollar Recovers From Brief Falls After U.S. Inflation Data

Core Viewpoint - The dollar is recovering after an initial decline due to lower-than-expected U.S. inflation data, which showed inflation eased to 2.7% year on year in November, below the 3.1% forecast by economists [1] Group 1 - The U.S. inflation data indicated a year-on-year decrease to 2.7% in November, which was lower than the expected 3.1% [1] - The initial reaction to the inflation data weakened the dollar, as it suggested the possibility of further interest-rate cuts [1] - Analysts from Deutsche Bank noted that the recent government shutdown resulted in missing data, leading to cautious treatment of the inflation figures by investors [2]