Euro Price Forecast: Euro unable to Capitalize on Yesterday’s ECB, EUR/USD Tests 1.06

After markets hyped up the ECB meet yesterday, EUR/USD reacted negatively to the muted stance from the central bank and could be exacerbated by U.S. CPI later today.

from DailyFX – Market News https://bit.ly/3xDslmY
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Gold Prices at Risk as All Eyes Turn to US CPI Inflation Data

Gold prices appear to be vulnerable as Fed rate hike expectations firm and the US Dollar recovers ahead of May’s US CPI inflation data. It will set the stage for next week’s FOMC meeting.

from DailyFX – Market News https://bit.ly/3MxSnfu
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US Dollar Takes Flight as Risk Assets Tank Ahead of US CPI Data. New Highs for DXY?

The US Dollar has gained traction as Treasury yields run higher with inflation concerns growing ahead of US CPI data. Will the USD (DXY) index keep ascending?

from DailyFX – Market News https://bit.ly/39kZlqG
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Nasdaq 100 Sinks as ECB Turns More Hawkish. ASX 200 at Risk, Eyeing China CPI Data

The Nasdaq 100 and tech stocks tumbled as the ECB, another major central bank, turned more hawkish. Australia’s ASX 200 is looking vulnerable, eyeing Chinese lockdowns and CPI data.

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