Im not refering to ET traders on tech ,, I have problems with entering i end up going through a rollercoaster ride fore a while before price moves in favor ! I am just never sucessfull with technical entry. unless convinced otherwise but this is my downfall entry timing i sometimes will get in at market or entrys and foreced to wait through it. nothing seems powerfull enough it seems does anyone have any suggesttions ? 1.08 seems like a awful far shot doward are you talking about eur/usd pair ?
Rising inflation in an economy with strong growth is a good reason to buy dollars. However when an economy is weakening it gives rise to the spectre of stagflation which is the worst possible scenario for a currency. Barclays has published some excellent research on the correlation between these factors recently. With that said we can disagree and that is why there is a market. Certainly for the moment in the very short term strong inflation numbers will cause me yo buy dollars, I agree.