Prices in the euro-zone dropped 0.1% y/y in September – outright deflation. The unemployment rate also disappointed with a rise up to 11%. Core inflation met expectations with 0.9%, unchanged from the previous month. EUR/USD is holding its ground so far, as this was mostly priced in due to the preliminary release. The euro-zone was officially expected to report a headline inflation rate of 0% y/y in September after +0.1% in August. However, weaker data from Germany and Spain implied a negative figure. Core CPI was expected to remain unchanged at +0.9% y/y. EUR/USD traded around 1.1220 towards the publication. This release feeds into the ECB decision in mid October. More: EUR/USD: Sell At Trendline Resistance – Credit Suisse Traders Don’t Be Surprised, The EUR Will Rise – HSBC Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Sterling at a 5 month low against the US Dollar Ronnie Chopra 7 years Prices in the euro-zone dropped 0.1% y/y in September - outright deflation. The unemployment rate also disappointed with a rise up to 11%. Core inflation met expectations with 0.9%, unchanged from the previous month. EUR/USD is holding its ground so far, as this was mostly priced in due to the preliminary release. The euro-zone was officially expected to report a headline inflation rate of 0% y/y in September after +0.1% in August. However, weaker data from Germany and Spain implied a negative figure. Core CPI was expected to remain unchanged at +0.9% y/y. EUR/USD traded around 1.1220 towards the publication.… 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.
