German inflation stands at 0.8% as expected in August


No surprises from Germany on inflation: it remains low at 0.8%. German inflation was expected to stand at 0.8% in August, just like in July. Month over month, no change was expected. These numbers are relevant for both the German CPI and the HICP, which is the harmonized version.

EUR/USD traded around 1.3180 before the publication after an exiting day. The pair is not reacting to the as expected figure. This leaves the expectations for tomorrow’s EZ inflation unchanged at only 0.4%.

Here’s what we had today this far:

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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.

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