At 15:30 (GMT+2), the US will publish data on the October consumer price index. It is the main indicator of the inflation rate in the country, which reflects the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, and so on. It has a significant impact on the decisions of the country’s financial regulator on monetary policy. It may fall from 0.3% MoM and 2.4% YoY, while the core value may decrease from 0.3% MoM and 3.3% YoY, supporting the American dollar.
