Did the CPI beating by 10 basis points change the German economic recession via a rising Euro today?

Coaching Notes:

1. Of course not

2. But asking basic research and risk mgt questions on a legit (10-20 basis point) surprise CPI morning isn't what happens in the 1st 20 minutes of New York trading...

3. If anything, this EUR/USD move makes Germany an even better short than the 1st-Dot I sent, so I'll execute on my process as the crowd (that doesn't have one) chases on green,

KM

 

duration
  • trade
  • trend
  • tail
Details
Average Cost Basis
$27.48
Close Price
$29.41
Realized Return
-7.02%