Yesterday's U.S. inflation data strengthened the dollar (U6 index) by 0.56%. The CPI for June rose from 2.4% y/y to 2.7% y/y, while core CPI came in at 2.9% y/y
EUR/USD On the weekly chart, we observe a set of reversal signals: divergence, a trend shift in the Fibonacci time zone, and a price rebound from the intersecti