Let the picture be clear for everyone today:
• US inflation data will be released in less than an hour.
• Expectations indicate that inflation will rise from 0.1% to 0.2%.
• If inflation rises to 0.2% as expected or higher, this will lead to greater strength for the dollar against currencies, gold, and Bitcoin.
• If inflation is lower than expected (0.2%), it will be a strong surprise to the markets and will significantly weaken the US dollar.
Beware of strong volatility today.