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US CPI to set the tone - FXStreet
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US CPI to set the tone FXStreet
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EUR/USD Price Forecast: Biding its time near 1.1550, awaiting US CPI numbers - FXStreet
DESK NOTEING Economics
FX Daily: Impact of US CPI mostly depends on equities
The current analysis from the desk emphasizes the interplay between US CPI figures and equity market performance, asserting that the strength of the impact will significantly hinge on equity reactions post-release. Per the full note from ING Economics, expectations surrounding CPI are leading traders to closely monitor stock markets for directional cues. Given the elevated volatility observed recently in equities and the upcoming CPI report, traders should brace for potential shifts in currency valuations. The focus remains squarely on how equities react, which may set the tone for broader FX movements.
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