15 Agosto 2023, EUR/USD
EURUSD trading plan:
Americans said last month they expected weaker inflation over the next few years, and they also marked up their own views of their personal financial situations, according to a fresh survey released by the New York Federal Reserve. In its latest survey of consumer expectations, the regional Fed bank reported that respondents to its poll said inflation a year from now will likely stand at 3.5% compared to an expectation of 3.8% in June. The new reading is the lowest since April 2021. Expectations at the three- and five-year horizons both moderated to 2.9% from 3%, the New York Fed said. The New York Fed said that in July the public predicted lower rates of inflation for gasoline, food, medical costs, college costs and rent, with that last measure ebbing to its lowest point since January 2021. Meanwhile, the expected rise in home prices moved to 2.8% in July from 2.9% in June.
Investment idea: range 1.0890 -1.0980.
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