Headline inflation did not lose its lows and stayed at 0.3%. Core inflation is at 0.7%. Unemployment stands at 11.5%. All numbers are as expected. Given the German inflation numbers, it seems that it could have been worse. EUR/USD is ticking higher on a minor “relief rally”. The euro-zone was expected to report a yearly rise of 0.3% in CPI inflation in the initial read for November after 0.4% in October. Core CPI was predicted to rise 0.7%, just like the previous month. However, data released from Germany and Spain yesterday was weaker than predicted, probably lowering expectations. Euro-zone unemployment was expected to remain unchanged at 11.5%. EUR/USD traded under 1.2440 before the publication. Germany reported an HICP (EU Standard inflation) of only 0.5% and Spain also shares the same number, but from the negative side: a fall of 0.5% in prices. 0.3% in CPI is the lowest since 2009, and 0.7% in core CPI is the lowest since before the crisis. The lack of agreement to cut oil production by OPEC yesterday pushes oil prices lower and will probably have a negative impact on headline inflation. The ECB convenes next week, and expectations are high for an announcement of further details of what the ECB plans to buy, more specifically, sovereign bonds, or outright QE. Further: The Case For Staying Short on EUR Into Next Week’s ECB – BNPP Here is the chart: 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 US data releases lead to GBP/USD trading at a high Guest 8 years Headline inflation did not lose its lows and stayed at 0.3%. Core inflation is at 0.7%. Unemployment stands at 11.5%. All numbers are as expected. Given the German inflation numbers, it seems that it could have been worse. EUR/USD is ticking higher on a minor "relief rally". The euro-zone was expected to report a yearly rise of 0.3% in CPI inflation in the initial read for November after 0.4% in October. Core CPI was predicted to rise 0.7%, just like the previous month. However, data released from Germany and Spain yesterday was weaker than predicted, probably lowering expectations. Euro-zone unemployment… 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.