Hi all,
Just thought I would start a thread to get an idea of what kind of Inflation data we are all looking for. What numbers would you need to go short or long on the EUR/USD?
Do you all think there is this strong inflation data the Fed has recently looked at that is fueling their recent hawkish stance or were they just trying to keep the dollar from breaking 1.300 and getting away from them?
This inflation data this week will either build some decent credibility for the Fed or will totally destroy it in my opinion.
Just thought I would start a thread to get an idea of what kind of Inflation data we are all looking for. What numbers would you need to go short or long on the EUR/USD?
Do you all think there is this strong inflation data the Fed has recently looked at that is fueling their recent hawkish stance or were they just trying to keep the dollar from breaking 1.300 and getting away from them?
This inflation data this week will either build some decent credibility for the Fed or will totally destroy it in my opinion.