I think the dollar has entered an expansion period with a 0.50-point increase in interest rates last week and the end of the dollar contraction.
Investors will focus on US CPI figures in April, and if there is a sharp decline, my first target is 1.0745.
Bonds are also issued this week.
Inflation and inflation expectations have a declining effect on bond yields and devalue the dollar relative to other currencies.
References :
CPI US
PPI US
Interest rate US
10-y Bond Auction
30-y Bond Auction
Investors will focus on US CPI figures in April, and if there is a sharp decline, my first target is 1.0745.
Bonds are also issued this week.
Inflation and inflation expectations have a declining effect on bond yields and devalue the dollar relative to other currencies.
References :
CPI US
PPI US
Interest rate US
10-y Bond Auction
30-y Bond Auction
Trade closed: stop reached