With the US dollar staging a big bearish reversal to kick off the trading week, there’s a risk we may see follow through selling before the release of the key core PCE deflator on Friday, the Federal Reserve’s preferred inflation measure. If that does eventuate, keep an eye on USD/CNH which may be influential on the broader Asia FX space, including the Japanese yen. DXY reverses hard following bullish break It was obvious to anyone reading my analysis on Monday that I was not convinced the bullish break the US dollar index (DXY) saw on Friday would stick when you look the fundamentals underpinning it. It was sparked ... (full story)