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The U.S. Dollar has put in a bearish move since last week's NFP report, and we're seeing a bit of pullback ahead of tomorrow's CPI release. Will September inflation provide a backdrop for a continuation of bearish price action?
The U.S. Dollar has put in a bearish move since last week's NFP report, and we're seeing a bit of pullback ahead of tomorrow's CPI release. Will September inflation provide a backdrop for a continuation of bearish price action?
After a spike higher on Friday post-NFP, the US Dollar Index has continued to drop, and concerns are mounting on whether recent strength was a mirage.
Gold is down for the fourth consecutive week with an NFP inspired rally offering a reprieve on Friday. Here are the updated targets & invalidation levels that matter.
As expected, the September nonfarm payrolls (NFPs) proved surprising; but the market was prepared for the outcome.
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