USD buyers out in force by and large after the US CPI data 14 Feb
Stronger US CPI far outweighing the flaky US retails data and US$ buyers have been keen to take advantage but sellers remain poised with USDJPY notably reluctant to rally.
That pair struggled to take off through 107.50, as I mentioned in my retails data post, and now back down to 107.12 with GBPUSD back up to 1.3827 after holding 1.3800. USDCHF holding a few gains but not flying away at 0.9355.
EURUSD 1.2300 after 1.2278 lows with large expiry interest that I've been highlighting limiting moves. Same for AUDUSD at 0.7885 and EURGBP at 0.8895
So stronger US CPI but greenback sellers not exactly rushing for the exit doors just yet.
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