Sive Morten
Special Consultant to the FPA
- Messages
- 18,669
Good morning,
Yes, CPI has become a trigger, but this drop was preparing by corresponding fundamental background. We constantly talk in our reports on new inflationary spiral. Now the Fed has big headache. This tendency is not just temporal CPI reaction, it should continue. That's why next downside target on daily chart is 1.0575, for intraday trading - 1.0670
Yes, CPI has become a trigger, but this drop was preparing by corresponding fundamental background. We constantly talk in our reports on new inflationary spiral. Now the Fed has big headache. This tendency is not just temporal CPI reaction, it should continue. That's why next downside target on daily chart is 1.0575, for intraday trading - 1.0670
