Data released moments before by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 0.4% in October, with the same increase in September, to come below expectations that indicated a rise to 0.6%, while the main index, excluding food and energy prices, declined to 0.3.

% compared to 0.6% in September (expectations 0.5%). On the other hand, the annual index declined over the past 12 months to 7.7% from 8.2% in September, below expectations that indicated a decline to 7.7%, while the annual core index declined to 6.3% in October.

In the details of the index, the food index recorded a growth of 10.9% on an annual basis, and a rise of about 4% in October, while the energy index rose by 1.8% in October and declined by about 17.6 on an annual basis.

The US dollar is down more than 1.20% and is trading at 109.40 levels, affected by these numbers that support slowing the pace of monetary tightening from the US Federal Reserve and raise market expectations that the Fed will raise interest rates by 50 basis points at its next meeting in December and reduce the chances of a hike by 75%.