DAILY BRIEFING Morning traders, yesterday was full of precious intel, and the most important takeaways are that the large CPI print puts a 100bps rate hike on the table at the next FOMC (hence seeing a bit of USD strength, particularly USDJPY strength, should continue) and that the BoC delivered a surprise 100bps hike, making it the most hawkish central bank in the G10 space at the moment, that also puts more pressure on the FED to deliver a 100bps hike as well Following the CPI we got also two FED officials (Bostic and Daly) commenting that "everything is on the table" referring to a 100bps hike, and that these inflation numbers clearly are not what they want to see, we should expect more of these hawkish comments going forward Long story short, the FED is about to get even more aggressive against inflation, hence we begin to look for USD longs, keeping an eye on EURUSD, if it can hold a day or two below 1.00000 we should expect an impulsive move down to 0.98000 quickly, interested in that short