Consumer price index (CPI) inflation data on Tuesday showed that U.S. inflation grew more than expected in January, giving credence to recent warnings from the Fed that sticky inflation will keep the bank from cutting interest rates. The CME Fedwatch tool showed traders scaling back bets on rate cuts in May and June, although traders were still pricing in a 51%...
Market possible direction. Analysis based on price action, after the fomc news
Market possible direction. Analysis base on price action. Yesterday NY high has been broken, leaving a point of interest behind.