What people often miss on CPI day is that the number itself isn’t what moves the market. The common reaction is to check whether the 3.4% number is high or low. But it’s all priced in advance. The real driver of EUR/USD is the gap between the actual number and what the market was positioned […] The post How FX Reacts to CPI Surprises (And How to Prepare) appeared first on Nairametrics.
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