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CPI to Drop, Will EURUSD Follow?

Name: CPI to Drop, Will EURUSD Follow?
Uploaded: 2023-06-13
Channel: David Kindley
Description: Inflation seems to hold the key for the next direction of the dollar as CPI data is likely to decline.The Fed will be waiting to see if their 2% target will be on course today.With the EURUSD slowly creeping higher, will we see a turnaround in fortun

By David Kindley Last updated Jun 13, 2023 70 0

Inflation seems to hold the key for the next direction of the dollar as CPI data is likely to decline.

The Fed will be waiting to see if their 2% target will be on course today.

With the EURUSD slowly creeping higher, will we see a turnaround in fortunes for the currency pair?

Timestamps
EURUSD 01:35
GBPUSD 03:05

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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