<ul><li>Will respond to speed and level of long-term rates if they move beyond 0.50%</li><li>There is still a distance to achieving 2% inflation target</li></ul><
Main scenario: consider short positions from corrections below the level of 1.3895 with a target of 1.3493 – 1.3395. Alternative scenario: breakout and consolidation above the level of 1.3895 will al
<p>The US CPI report for June will be keenly awaited on Wednesday (12:30 GMT) as investors remain undecided about the timing of the Fed’s next rate hike. The producer price index will follow on
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