🚨 Caution is required as we await today's US inflation data!

• All eyes are on today's US inflation data as the US Consumer Price Index (CPI) will be released at 4:30 PM Saudi time.

• Market expectations indicate that the US inflation index will rise from 2.4% to 2.6%.

🌟 We are likely to witness significant fluctuations in the markets when this news is released, especially since it is considered one of the basic economic indicators that the US Federal Reserve relies on to determine its monetary policy and its decision on interest rates.

🔥 The impact of inflation data will be strong on the markets, so please trade and manage risks carefully today.

The inflation rule.. 🇺🇸

• If inflation rises, it is positive for the dollar (rise) and negative for the markets (fall).

• If the inflation reading decreases or does not change, it is negative for the dollar and positive for the markets.