It is all concerning the US CPI information as we speak however it is a market that’s wanting a softer quantity, if the current greenback and danger temper is something to go by. EUR/USD is staying extra tentative upon its newest breakout try above 1.0700 with AUD/USD additionally cautious in making its manner in the direction of the 0.7000 mark. In the meantime, the S&P 500 has steadily climbed as much as be inside vary of its 200-day shifting common and key trendline resistance as soon as once more:
The query now’s, will the inflation numbers assist kick these performs into second gear as the brand new yr will get underway?
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