Coronavirus continues to affect US consumer prices. Over 12 months the annual basic consumer price index only grew by 1.2%. However, the reaction of the main financial assets to the worsening inflation rate is zero. The dollar is in flat. The reason for this is the forthcoming publication of the results of a two-day meeting of the US Federal Reserve in a few hours. In fact, the dollar hovered over the abyss - if today the Fed moves to targeting returns, the dollar will collapse. (#EURUSD target 1.1500)
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Trade with the Fibo Group!
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Trade with the Fibo Group!
#fibogroup #forex #forexnews #economy #finance #trader