A few minutes ago, the EUR CPI and other EUR related data was released.
All are in the green, meaning the data was better than expected.
So how did the EUR pairs react? Nada, zilch. If at all, both the EUR/USD
and the EUR/JPY DROPPED prior to data release and has yet to regain even
half of what it dropped.
It's really quite puzzling to me because these are the fundamentals that
matter, yet the movement is pathetic particularly in the light of the
volatility when Mario Draghi spoke.
Strange times indeed.
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