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What I am Watching Today: US Dollar and CPI
FX Empire· 2026-01-13 13:23
NZD/USDOne place I am very interested in is the New Zealand dollar. The New Zealand dollar seems to have a bit of a brick wall at 0.58 and therefore, if CPI comes in even, I think, as expected, I am probably going to be looking to short this. If we break down below 0.57, I think we have another handle to go, would be my immediate guess.GC (Gold)With the US dollar behaving the way it is, gold will be interesting. That CPI figure I think will have a major impact on gold in the short term. Longer term, I don’t ...