CNBCs Steve Leesman, commenting on the markets said on Friday, “If you are not confused, you’re not paying attention”.
There is a lot of confusion in the market, and even at the Fed. The CPI inflation released this week, added some added confusion as it was a little more hefty than recent months. There still is some hope, however, the the shelter component saves the day.
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The impact is for volatile, up and down markets. When the markets are like that, technicals help to take some of the uncertainty out of the price action.
- EURUSD, 7:20
- USDJPY, 12:20
- GBPUSD, 16:00
- USDCHF, 18:55
- USDCAD, 22:05
- AUDUSD, 24:42
- NZDUSD 26:58
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