Technically, the inflation is crashing now like a small crisis, with the DXY dropping the failing is hidden by the measuring currency. But in July the DXY is consolidating and the inflation failure is now showing at once. The Euro may drop to cover the failing by turns. Especially, the weighted YEN may drop to cover it too.
AUDNZD will benefit from Kiwi's weakness. Oz will benefit from A shares rising.
I want to make this clearly and loudly. This prediction has made before the market.
WE DO NOT trade those disasters and incidents or accidents because of moral rules. This "WE" is an human being, this "WE" is not a commercial company or a group of trades. Trader success should have an heart of charity, humanity is unlike a machine or a program, right? Among those traders, Chinese people are the worst, I have to remind you this.
The FRB and the ECB soon will give up food/oil inflation and will try to use the core one. Usually FRB and ECB would cause forex market huge moving and indexes crashing during the flipping.
Yes, last meal for stocks, be careful with choosing your sectors.