Inflation readings in eurozone came in line with market expectations. The EUR/USD pair continues to move sideways above 1.10. The data published by Eurostat on Friday showed that inflation, as measured by the Consumer Price Index (CPI), in the eurozone stayed unchanged at 0.7% in October to match the previous reading and analysts’ expectations. The core CPI, which strips volatile food and energy prices, came in at 1.1% and 0.1% on a yearly and monthly basis, respectively, to fall in line with experts’ forecasts. Other data revealed that the EU’s trade surplus narrowed to €18.3 billion from €19.7 billion in September. The shared currency largely ignored these figures and the EUR/USD pair was last seen trading at 1.1020, where it was virtually unchanged on a daily basis. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index Technical Analysis: weekly recovery looks limited around 98.50 FX Street 3 years Inflation readings in eurozone came in line with market expectations. The EUR/USD pair continues to move sideways above 1.10. The data published by Eurostat on Friday showed that inflation, as measured by the Consumer Price Index (CPI), in the eurozone stayed unchanged at 0.7% in October to match the previous reading and analysts' expectations. The core CPI, which strips volatile food and energy prices, came in at 1.1% and 0.1% on a yearly and monthly basis, respectively, to fall in line with experts' forecasts. Other data revealed that the EU's trade surplus narrowed to €18.3 billion from €19.7 billion in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
