Bears need softer CPI print – OCBC
US Dollar (USD) slipped overnight after PPI missed estimates (+0.2% m/m vs. 0.4% expected), OCBC’s FX analyst Christopher Wong notes. Bearish divergence appears on RSI “Earlier report on Trump team considering a schedule of gradual tariffs increasing by about 2% to 5% a month also helped to support sentiments. Most non-USD FX rebounded while Dollar … Read more