<p>Pivot (invalidation): 1.2475 Our preference Short positions below 1.2475 with targets at 1.2290 & 1.2205 in extension. Alternative scenario Above 1.2475 look for further upside with 1.25
<p>The New York Fed's "multivariate core trend" rate of inflation is their attempt to capture the underlying trend of prices and it fell to 2.9% y/y in June from a downwardly revi
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