Macro News – English
Soft Inflation May Weigh on EUR/USD
- The preferred trade is a downside inflation surprise below 2.3%, as markets already price in hot inflation. A soft print would push Eurozone yields lower, widening the yield gap with the US and pressuring EUR/USD. Key levels: resistance at 1.16, downside targets near 1.14 and possibly 1.13.
Macro News – Urdu
Naram inflation EUR/USD ko gira sakti hai
- Preferred trade yeh hai ke inflation 2.3% se neeche aaye, kyun ke market pehle hi high inflation price kar chuki hai. Soft data se Eurozone yields girengi, US se gap barhega aur EUR/USD par pressure aayega. Key levels: resistance 1.16, targets 1.14 aur 1.13.
