Euro Caught in the Range as US Dollar Sidelined Ahead of CPI. Will EUR/USD Breakout?

Euro continues to remain anchored to recent ranges while commodity prices lifting gave related currencies a boost. Will US CPI be the trigger for EUR/USD to get a move on?

from DailyFX – Market News https://bit.ly/3bBOTwd
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Crude Oil Prices Fall as Market Backwardation Weakens Ahead of OPEC Report, EIA Data

Crude oil prices are weaker in APAC trading hours as traders eye OPEC’s MOMR and EIA inventory data. Meanwhile, key oil spreads are weakening, suggesting more losses lie ahead.

from DailyFX – Market News https://bit.ly/3JDf9Tv
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