Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
Will USD Reverse After CPI?
Information is not investment advice
The US CPI will come out on Tuesday, April 12, at 15:30 MT (GMT+3).
Consumer prices account for most of the overall inflation. Inflation is important to the currency valuation because rising prices lead to higher interest rates.
Last time, the result met the expectations, and the US dollar index increased by 1.25% within two days.
How to trade on US CPI?
- If the US CPI is greater than forecasted, the USD will likely strengthen against other currencies.
- If the US CPI is lower than forecasted, the USD will likely weaken against other currencies.
Instruments to trade: EURUSD, USDCAD, GBPUSD.
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Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements.
Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
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