More evidence the US dollar doesn't need much of an excuse to rally

US dollar jumps after slightly higher core CPI.

It doesn't take much to spark a US dollar rally at the moment. The core CPI index was 241.409 compared to 241.130 expected. The difference in month-over-month terms was a virtual rounding error.

Yet it sent the US dollar at least a half cent higher right across the board.

When a market rallies that easily on a number that barely beats expectations, it's a sign of overwhelming underlying demand. It's very good news for US dollar bulls.

Straight-up moonshot.

I've seen USDJPY move less on non-farm payrolls beating estimates by 100k.