EUR/USD
EUR/USD shows a new weekly and monthly high after the second report on inflation in the US.
The report on wholesale inflation PPI showed a decrease in prices by -0.3% per month.
Yesterday's report showed a slowdown in retail inflation to 5% per year.
Everyone is waiting for the Fed's decision tonight - everyone expects that the rate will not change.
In July, however, a rate hike of +0.25% is expected.
We expect the euro to rise to 1.1100 or higher.
Tomorrow is the ECB, we expect a rate hike of +0.25%.