US Inflation Figures Announced

Consumer inflation (CPI) for November in the US fell to 7.1 percent annually. The monthly CPI rose 0.1 percent. Core inflation increased 0.2 percent monthly and 6 percent annually in this period, below expectations.

In the US, core consumer inflation was expected to drop from 6.3 percent to 6.1 percent, and headline inflation to 7.3 percent. Inflation in the US was 7.7 percent annually the previous month.

GOLD, EURO AND BITCOIN RALLY

As the data came in below expectations, the dollar fell, gold and the euro rose. An ounce of gold, which was at the $1,788 level before the decision, rose to $1,816 after the decision. Gold’s daily rise exceeded 2 percent. Gold Gram Saw 1087 TL.

The euro/dollar pair, which was at the 1.0555 level before the decision, rose 1 percent to 1.0645 after the data was announced. Euro/TL, on the other hand, reached towards the 19.81 level.

After the data, there was an increase in the value of cryptocurrencies. Bitcoin is up more than 4% and Ethereum is up more than 5%. Bitcoin rose to $17,914, at $1,295.