| Fed's Waller spoke to inflation remaining too high with more hikes needed ("hikes" as in more than 1 more hike). That has given the USD a boost in early NY trading. The 2 year is up 10 basis points. The 10 year is up 6 basis points. In this technical report, I take a look at the EURUSD, USDJPY, GBPUSD and the USDCAD and outline the levels in play and show/explain why. |
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