All eyes will be on the U.S. consumer price index scheduled for release today at 13:30 UTC. Market participants expect the index to show a deceleration in price pressures. In case of any disappointment, the dollar will rally whereas a core CPI reading below 6 percent should ignite another sell-off in the greenback.
Our trading ideas for today 13/12/22:
Long @ 1.0565
Short @ 1.0520
Long @ 1.2320
Short @ 1.2235
Long @ 14380
Short @ 14320
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Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.
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