🔮 As predicted, the 📊🇪🇺EUR inflation data was lower than expected by consensus.
-> The EUR subsequently saw weakness
-> EURAUD is (slowly) heading south again🟢
-> All conditions (for the ECB) to cut interest rates are met ✅️
🏛🇪🇺 Nevertheless, I expect the ECB (out of sheer stubbornness) to wait until June for the first rate cut.
-> If Lagarde hints at interest rate cuts for June AND July today, the beatings for the EUR will continue until morale improves💥💥💥