September 13, 2023 12:59 GMT
Bears Target Yesterday’s Low In BBDXY
USD
Previous session lows in the BBDXY sees a modest breach, with bears now looking to force a break of yesterday’s low.
- The ‘low’ nature of the unrounded headline Y/Y and core M/M U.S. CPI beats sees the initial post-data uptick in the greenback more than reversed, with a related bid in Tsys adding further pressure to the greenback.
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