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DailyFX analysts give their expert predictions and their 2022 Q2 forecasts to help you with your trading strategy and analysis, minimizing risk and maximizing returns. Predictions our analysts offe…
April U.S. inflation moderated on an annual basis, cooling to 8.3% from 8.5% in March, but declined less than forecast, increasing the likelihood of a more front-loaded Fed policy response.
With inflation expected to print lower than March’s figure, markets could look for softer USD plays with USD/CAD’s technical set up warranting a closer look
US CPI to provide catalyst for next market direction.
The Euro lays apprehensive at a key area of confluence as US CPI nears, while the recent sideways EUR/USD price action is setup for a breakout post-announcement.
Gold is trying to make a recovery after printing a new 3-month low earlier in the session as all eyes turn towards the latest US inflation report.
Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.
The US Dollar has pulled back from 20-year highs as Fed hikes are in focus again ahead of US CPI data. Where to for the US Dollar index (DXY)?