USD moves higher after stronger CPI. Stocks lower. Yields move higher. ...Middle East

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USD moves higher after stronger CPI. Stocks lower. Yields move higher.
The US CPI came in higher than expectations. Shelter continued its rise with a 0.6% increase contributing to the gains. US stocks have moved lower. Yields have moved higher, and the US dollar is higher as well as the market reacts to the higher inflation:EURUSD: The EURUSD has moved down from 1.0790 to 1.0723. The low prices (double bottom) from last week are being tested at that level.USDJPY: The USDJPY has moved to a new high going back to November 17. The price has moved above a swing area on the daily chart between 149.70 and 150.158 (see chart below).GBPUSD: The GBPUSD is now trading back below the 1.2600 level (swing area between 1.2602 to 1.26137). The current price is trading at 1.2

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