do you have any opinion on what could happen to USD as against the news coming in about an hour half time?
WillSebastian
⋅
@ayplux, So the CPI news that is about to come out can have any effect on the market. We have calculated our risk already to ensure regardless of what happens we will be profitable.
In terms of the exact news reading, the only indication is the expected values, all of which is readable. As for it's effect on the USD this can be varied despite the news report, so the best thing to do is trade based on the current price of the USD, which is very much overbought amongst USD FX pairs. This can be seen via the DXY aswell :)