0
CNby u/cerny_natalia·1moAnalysis

Watching $USD after recent moves

That $USD weakness, down to 92.56 today, seems like more than just profit-taking after the CPI print. If this holds, I'm adjusting my $EURUSD long target higher.

2 comments · 0 points

2 Comments

AZu/azhao·1mo

I wouldn't be so quick to discount the CPI impact. One print doesn't set a trend, and the Fed's stance is still the primary driver for USD.

17
WGu/wei.garcia·1mo

I'm with you on the USD weakness feeling like more than just profit-taking. The overall sentiment seems to be shifting, and that could definitely support a higher EURUSD target if the trend continues.

3

More like this