Dollar Index Basket

Potential Bad CPI Data

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recent reports have suggested that inflation is moderating but remains sticky in key areas like services. If the data shows stronger-than-expected inflation, markets could respond negatively, with expectations of prolonged restrictive monetary policy. Conversely, a softer reading could boost market optimism and ease pressure on bond yields and the dollar. Ultimately, it hinges on the components driving inflation.

Also Nasdaq looks like a h&s

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