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EUR/USD: All Doubts Against the Greenback. U.S. CPI Report Pressures the Dollar
The mixed U.S. inflation report, released
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The mixed U.S. inflation report, released at the start of the American trading session, raised more questions than it answered. While the headline Consumer Price Index (CPI) met expectations and indicated an acceleration in overall inflation, the core CPI fell into the "red zone," suggesting a deceleration in this key measure. In response to the report, the EUR/USD pair remained around the 1.03 level, even testing the resistance level of 1.0350, which corresponds to the middle line of the Bollinger
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