• EUR/USD bulls are in the market and eye a break of 1.0830. 
• All now depends on the Fed ahead of the ECB late rin the week. 

EUR/USD popped and dropped on Tuesday after hitting a 3-week high. A weaker dollar Tuesday was supportive of the euro but there was a turnaround when traders took a second inspection of the US inflation story. Core CPI remains sticky. However, central bank divergence remains positive for EUR/USD on the prospects for the Fed to pause raising interest rates on Wednesday this week while the ECB continues to raise interest rates.