Good call on this. What I'd like to know, if you don't mind, please tell me how you know whether the market is in either deflation or inflation focus. If one trades solely on the numbers...in this case higher core cpi m/m...based on the historical data, one would expect that eur/usd to go down...
My sincere thanks Mike for your explanation. I just needed a simple english explanation and simple example to understand the concept. Thanks again...you cleared up the my confusion.
Regards,
Yulius
RE: revision numbers.
Hello,
I've followed your newsletters for sometime now. I pretty much understand other econ news and your triggers for the trade, but the NFP numbers. I have a hard time understanding the revision numbers. I understand the forecasted number, the actual numbers and the...
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