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Trade ideas thread - European session 11 May 2023

Well, I can safely say that markets were rather hoping for a bigger surprise - whichever way - from the US CPI data yesterday. The end result was a bit of a snoozefest as it doesn't add or take away much from the prevailing outlook, as discussed here.There was a retreat in bond yields at least, which saw USD/JPY fall off from 135.00 to 134.25 at the moment. The low from last week at 133.50 is one to watch before the 100-day moving average comes into play at 132.86 currently.Besides that, major c... Read More

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Content Topics

Trade

Ideas

Thread

European

Session

2023

Forex

Posted: May 11 2023, 05:54

Author Name: forexlive

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