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Trade ideas thread - European session 13 April 2023

It looks like the US CPI data yesterday has certainly vindicated the current market outlook on Fed rates. A 25 bps rate hike for May seems to slowly be the growing consensus but then that's about it, as it would seem. Here's what Fed funds futures are saying:There are a couple of interesting charts in play right now, so let's take a look.EUR/USD knocking on the door of the 1.1000 level, in search of an upside breakSimilarly, GBP/USD is sitting near resistance at 1.2500 now and eyeing a break of... Read More

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Content Topics

Trade

Ideas

Thread

European

Session

April

2023

Forex

Posted: Apr 13 2023, 05:41

Author Name: forexlive

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