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Grega Horvat of #ForexAnalytix talks about the week ahead in #FOREX post CPI and FED minutes.
US CPI came out better than expected last week at 5.0%, so we have seen some USD weakness at the start of the week, but then some of the losses got erased on Friday, after FED officials said that there is chance for another interest rate hike. Dollar recovery can also cause a new pullback for the SP500, while VIX is at the lower side of 2022-2023 range.
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