ForexLive Americas FX news wrap: Market relieved as CPI matches estimates

US November CPI +6.8% y/y vs +6.8% expected
US U Mich December consumer sentiment 70.4 vs 67.1 expected
Biden says he thinks inflation is at a peak
US November budget deficit $191B vs $195B expected
Baker Hughes oil rigs increase by 4 to 471 in the current week
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