<p>CNBCs Steve Leesman, commenting on the markets said on Friday, „If you are not confused, you’re not paying attention“.

There is a lot of confusion in the market, and even at the Fed. The CPI inflation released this week, added some added confusion as it was a little more hefty than recent months. There still is some hope, however, the the shelter component saves the day.

The impact is for volatile, up and down markets. When the markets are like that, technicals help to take some of the uncertainty out of the price action.</p><ul><li>EURUSD, 7:20</li><li>USDJPY, 12:20 </li><li>GBPUSD, 16:00</li><li>USDCHF, 18:55</li><li>USDCAD, 22:05</li><li>AUDUSD, 24:42</li><li>NZDUSD 26:58</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.

<p>US Secretary of State Antony Blinken said the US has information that China is considering sending weapons to Russia for the war in Ukraine.</p><p>The concern that we have now is based on information we have that they’re considering providing lethal support,” Blinken told CBS’s Face the Nation. “And we’ve made very clear to them that that could cause a serious problem for us and in our relationship.”</p><p>Blinken said the lethal aid could range from ammunition to the weapons themselves.</p><p>Blinken will meet with his Chinese counterpart Wang Yi this weekend in a meeting that was delayed by the balloon fiasco.</p><p>Another report said Chinese officials would visit Moscow next week and put forward a new proposal to resolve the war that would respect the „sovereignty of all countries“.</p><p>/<a target=“_blank“ href=“https://www.forexlive.com/terms/u/us-dollar/“ class=“terms__main-term“ id=“fddda8f4-d5f8-4ee4-8e34-3760ed062f3c“ target=“_blank“>US dollar</a></p>

This article was written by Adam Button at www.forexlive.com.