HICP in Germany fell to 0% on a yearly basis in July. EUR/USD continues to trade in the negative territory around 1.1750. Inflation in Germany, as measured by the Consumer Price Index (CPI), fell to -0.5% (preliminary) on a monthly basis in July from 0.6% in June and came in lower than the market expectation of -0.2%. On a yearly basis, the CPI dropped to -0.1% from 0.9%, the data published by the Destatis showed on Thursday. Additionally, the Harmonized Index of Consumer Prices (HICP), the European Central Bank’s (ECB) preferred gauge of inflation, edged lower to 0% annually and fell short of analysts’ estimate of 0.4%. Market reaction The EUR/USD pair largely ignored these figures and was last seen trading at 1.1747, losing 0.35% 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 EUR/USD: Upward bias intact – ANZ FX Street 3 years HICP in Germany fell to 0% on a yearly basis in July. EUR/USD continues to trade in the negative territory around 1.1750. Inflation in Germany, as measured by the Consumer Price Index (CPI), fell to -0.5% (preliminary) on a monthly basis in July from 0.6% in June and came in lower than the market expectation of -0.2%. On a yearly basis, the CPI dropped to -0.1% from 0.9%, the data published by the Destatis showed on Thursday. Additionally, the Harmonized Index of Consumer Prices (HICP), the European Central Bank's (ECB) preferred gauge of inflation, edged lower to 0% annually and… 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.
