The markets are moving after better CPI data.

  • The EURSUD has broken out of its range that has confined the pair for the last 16-17 days.
  • The USDJPY has moved back below 100/200 hour MA.
  • The GBPUSD has moved to test the extreme highs for the month.
  • US yields are lower as the expectations for 75 basis points get priced out of the market
  • US stocks are higher in pre-market trading.