Market is heading toward another move, possibly a big one

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Outlook: Today we get US CPI, supposedly of some interest. We already know the headline number will be low and the Fed is counting on various unnamed mystery factors to raise it sometime in the unspecified future. What might be interesting after the UK experience earlier today is core CPI, forecast to remain at 1.9% but only a tiny rise needed to push it to 2% for the first time since early 2013. See the WSJ chart. If the US were to get a 2% core CPI, we can expect the same experience as in

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