Post US CPI

In a manner consistent with my previous post, a few minutes ago we got
really good US numbers for CPI etc. So how did the market react?

Well there was the initial drop for the AUD/USD and EUR/USD pairs post
event though not as much as previous good numbers. But 15 minutes later,
lo and behold. They are back at their previous levels with change to spare.

And what of the USD/JPY pair? Quite pathetic. A small increase post data
followed by a decrease to previous levels. Again with change to spare.

Seriously. This is one confused market.

Or it is one where neither bull nor bears are in control.

Only the manipulators are in the drivers seat