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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

VideoTechnical Analysis

By David Kindley Last updated Jun 13, 2023

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

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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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