US CPI release and how it’s perceived
Good morning.
Last night, the US CPI was released.
Year-on-year 7.0% with core CPI at 5.5%, a very high level, and the market reacted by selling the dollar to this result.
Today, I would like to explain this pace.
In this article, we had suggested a long on EUR/USD and a return to 1830 on gold in yesterday's article, and it seems to have fit well.
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