It’s not only the periphery: also Germany is experiencing very low inflation. The lower prices of oil together with a relatively lower euro in November trigger an HICP level of 0.5% y/y, lower than 0.6% expected and than 0.7% in October. It is also the lowest since November 2010. The national level is 0.6% y/y and both monthly changes stand at 0%. EUR/USD remains stable, as this was not totally unexpected after the weak state data, and also due to thin trading activity because of Thanksgiving. Yet all in all, the pair was unable to hold the highs. Germany was expected to report a slide in annual inflation to 0.6% in both the Consumer Price Index and the HICP (EU standard), with hardly any change m/m. However, early releases from the various German states pointed to a weaker outcome. EUR/USD traded around 1.2483 before the publication. Earlier, also Spanish CPI came out below expectations. This all points to another cycle low in euro-zone inflation published tomorrow. Not all is bad in Germany: unemployment continued falling, with a drop in jobless claims and a drop in the unemployment rate to 6.6%. More: EUR/USD: Double Bottom; Cable: Consolidation – RBS 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 Liquidity Sparse While OPEC in Focus Scott Smith 8 years It's not only the periphery: also Germany is experiencing very low inflation. The lower prices of oil together with a relatively lower euro in November trigger an HICP level of 0.5% y/y, lower than 0.6% expected and than 0.7% in October. It is also the lowest since November 2010. The national level is 0.6% y/y and both monthly changes stand at 0%. EUR/USD remains stable, as this was not totally unexpected after the weak state data, and also due to thin trading activity because of Thanksgiving. Yet all in all, the pair was unable to hold the highs. Germany was… 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.