Euro Has Wild Ride After CPI EURUSD $EURUSD forextrading forexmarket
Enter your emailIn general, you need to look at this as a situation where you have to pay attention to the difference between German and US bonds, and that should lead the way.
The idea of course is that with a lot of inflation, you probably have a real fear of a sudden spike in interest rates in America, making people look towards the US dollar in order to get those yields. However, shortly after that happened, we saw the US dollar sell off, perhaps in anticipation of massive slowing down of the economy.As the Euro rose, we then got word from St. Louis Federal Reserve Gov.
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