Sources
investingLiveForexlive Americas FX news wrap: CPI cools, Japan intervenes https://t.co/eoZP9FUmN2
investingLiveForexLive European FX news wrap: Dollar tepid ahead of US CPI report https://t.co/K0W5WA5gmo
Marc Chandler$USD is mostly softer ahead of the CPI report. The challenge is that the intraday momentum indicators are stretched, the mkt is pricing in 2 Fed cuts already--a third is difficult to envision--and the US 2-yr premium vs Germany is near important support. https://t.co/X8riTWabHB https://t.co/sUWGsMBQwQ
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