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It's the fifth day in a row for the fall of the Eur/Usd pair with 70 pips lost just in the last 24 Hours (from the time of this post).
Eur/Usd has felt the impact of both the NFP pre-news speculation and the lower than expected data from the CPI Flash Estimate y/y (0.2% vs. 0.4% expected) and the Core CPI Flash Estimate y/y (0.9% vs. 1.0% the forecast).
The "Smart Money" have moved from the Risk On currencies (Eur, Gbp, Nzd, Aud) to the safe heaven assets (Gold, Jpy, Usd). It's interesting that …
Eur/Usd has felt the impact of both the NFP pre-news speculation and the lower than expected data from the CPI Flash Estimate y/y (0.2% vs. 0.4% expected) and the Core CPI Flash Estimate y/y (0.9% vs. 1.0% the forecast).
The "Smart Money" have moved from the Risk On currencies (Eur, Gbp, Nzd, Aud) to the safe heaven assets (Gold, Jpy, Usd). It's interesting that …