FX markets pay attention to blowout US CPI, causing USD to rip higher. However, major USD pairs appear overextended at current levels.

from DailyFX – Market News https://bit.ly/3ohFmfO
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The headline print is the lowest level in a decade with the UofM reporting that higher inflation was weighing on Americans.

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Fintwit has been relatively quite this week but key themes still hold sway within financial markets. Brent crude, SPX and GBP/USD all turned lower this week but is this just temporary respite?

from DailyFX – Market News https://bit.ly/30kn1Xr
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Annie Duke on trading, bet-sizing, prospect theory, outcome bias and quitting.

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Bitcoin prices retreat from the recent high as a stronger Dollar, rising yields and COP26 drives sentiment.

from DailyFX – Market News https://bit.ly/3c44aSX
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