E.U. Inflation & China Reopening Impact On The U.S Dollar

Published: Jan. 6, 2023, 10:53 p.m.

b'The U.S dollar (/DX) recent price action has strengthened near-term technical outlook, says Marc Chandler. He discusses the technical outlook for the U.S. dollar. He talks about how the market is underestimating the chances of a 50BPS hike at the next Fed meeting. He also notes that tax breaks and subsidies helped ease energy bills and explain the decline in E.U. inflation headline rate. He then goes over what China reopening means for their economy. Tune in to find out more about the stock market today.'