 US inflation came in line with expectations. The kneejerk market reaction to the data was surprisingly negative, but the major US stock indices extended rally, while the US dollar dropped sharply. Why was the kneejerk reaction bad? Because investors were expecting nothing but a softer-than-expected figure; the hidden expectation was a read below 6.5 for ... The post Attention Shifts to US Bank Earnings appeared first on Action Forex... 