Intraday Market Thoughts

Latest Premium Trades, 3 New EURUSD

by Ashraf Laidi
Oct 14, 2011 3:07

China's Sep CPI came in line with expectations at 6.1% y/y from 6.2%, while PPI slowed markedly to 6.5% from 7.3%. It should be of no surprise that China issues softer inflation figures at a time when it is pressured by the US to revalue its currency. WIth these figures, Beijing can argue that the economy has began to cool off and any FX appreciation is not warranted. DIRECT LINK to Latest Trades Non subscribers can go here:


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