Atlas Investments LLC
Atlas Investments LLC
February 12, 2025 at 11:23 AM
📊 *Wednesday Market Insights* – *USD Weakness & Key Setups!* 🚨 Dollar Extends Losses as CPI Data Looms! 🚨 🔹 The USD remains under pressure after yesterday’s pullback, with traders awaiting today's US CPI report for direction. 🔹 EUR/USD & GBP/USD surged, breaking resistance amid USD weakness. 🔹 Gold (XAU/USD) is climbing, benefiting from a softer dollar and risk-on sentiment. 📉 Key Market Drivers: 1️⃣ CPI Expectations: A lower-than-expected inflation print could push the USD lower as Fed rate cut bets increase. 2️⃣ Risk Sentiment: Stock markets are gaining, reducing demand for the dollar as a safe haven. 3️⃣ Technical Breakouts: Major forex pairs are testing key resistance zones. ~ *Atlas Investments LLC* #investwithatlas
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