Home Analysis Forex CPI REPORT BOOSTS US DOLLAR A NOTCH HIGHER.

CPI REPORT BOOSTS US DOLLAR A NOTCH HIGHER.

CPI REPORT BOOSTS US DOLLAR A NOTCH HIGHER.
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CPI Actual 304.3, previous 303.8
The inflation rate of the year Actual 3.2%, the previous 3%
Initial Jobless Claim Actual 248k, previous 227k
Continuing jobless claim Actual 1684k, previous 1692k.

USDJPY PAIR, is on a steady uptrend, retesting the 144.900 resistance level.
CPI has bolstered USD and it may see usdjpy break the 144.900 resistance level, if it breaks with 2 momentum candle sticks 4-hour timeframe then it will be a strong buy and all other currencies paired with USD will sink. But this analysis will be established after the UK report at 9 am.

Screenshot (64)
Screenshot (64)
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