ICFX

Can you afford to ignore the inflation report (CPI)?

CAPITALCOM:EURUSD   Euro / U.S. Dollar
Here I just wanted to demonstrate that anyone who trades USD should keep in mind that US Inflation Report (so called CPI) can literally blow your account. Hence it would be unwise to ignore it thinking that trend will continue your way. Reversals and pullbacks resulting from Inflation data are not small, usually more than 100 pips. This is one of the thing that you really need to keep in mind.

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