Whipsaw underway
The US dollar dipped on the CPI report but it has stormed back.
As a result, EUR/USD is trading at session lows at 1.0980 from 1.1014 immediately after the report. Similarly, USD/JPY has whipsawed to 104.14 from 103.74.
Forex – financial instrument.Forex news
Whipsaw underway
The US dollar dipped on the CPI report but it has stormed back.
As a result, EUR/USD is trading at session lows at 1.0980 from 1.1014 immediately after the report. Similarly, USD/JPY has whipsawed to 104.14 from 103.74.