FX Pairs Deadlocked Heading Into Wednesday Session

Major FX pairs continue to be deadlocked heading into Wednesday's U.S. session. US CPI figures were released this morning, showing a slight pullback in the headline number .2%. The core rate was .2%. Canadian CPI was also tame. It is difficult to see how these figures will affect upcoming Fed decisions. The big question remains whether the peak will be 4.5% or 4.75%. Read More....