Waiting in the weeds: Quick US dollar bid hits after CPI

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Published in TZ Latest News 18 October, 2016 by The TZ Newswire Staff

Waiting in the weeds: Quick US dollar bid hits after CPI

Whipsaw underway
The US dollar dipped on the CPI report but it has stormed back.
As a result, EUR/USD is trading at session lows at 1.0980 from 1.1014 immediately after the report. Similarly, USD/JPY has whipsawed to 104.14 from 103.74.

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Published in TZ Latest News 18 October, 2016 by The TZ Newswire Staff

Waiting in the weeds: Quick US dollar bid hits after CPI

See also

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