US dollar now lower USD/JPY rose as high as 111.04 on the CPI data but it's dropped back just below 110.50 for two reasons: - There are some caveats in the CPI report, especially gas prices. Harvey may have led to other skews as well, perhaps shelter. Ultimately, I think the US dollar will recapture the bid.
US dollar has second thoughts after CPI report. What's next
US dollar has second thoughts after CPI report. What's next
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