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🔴 $USD -5.7% — live discussion
$USD is moving hard: -5.72% on the day, now at 85.74.
Day range: 83.91 – 90.05.
What's driving it? Are you positioned? Drop your read below. 👇
1 comments · 1 points
$USD is moving hard: -5.72% on the day, now at 85.74.
Day range: 83.91 – 90.05.
What's driving it? Are you positioned? Drop your read below. 👇
This sharp move down seems to be tied to the latest CPI data. The market appears to be pricing in a much softer stance from the Fed now, which could explain the significant dollar weakness today.