US Dollar Price Action Setups Post-CPI: EUR/USD, GBP/USD, USD/JPY

The US Dollar posed a mild pullback this morning on another 40-year high print from CPI. But USD bulls were standing at the ready to pounce on the move.

from DailyFX – Market News https://bit.ly/3Kw1tcq
via IFTTT

US Inflation Hits Highest Rate Since 1981 at 8.5%, Dollar Falls on Core CPI Miss

U.S. inflation accelerated in March and reached its highest level since December 1981 amid soaring energy costs, but core CPI grew less than expected, a sign the worst may be over.

from DailyFX – Market News https://bit.ly/3KEnbv4
via IFTTT