The European Standard HICP inflation measure shows that Germany is in deflation: prices have dropped 0.2% y/y, worse than 0% expected and +0.4% last time. This was not totally unexpected after the poor releases from the various German states. These had already put pressure on the common currency. Nevertheless, EUR/USD is pressured after the publication, falling closer to 1.10, well within the 1.0960 to 1.1070 trading range. Other figures also miss: the national y/y inflation measure stands at 0% and both the national and HICP month over month figures disappointed. On Monday we will get the all-European data, and the negative data from Germany as well as the big fall in Spain, -0.9%, both imply a negative number also for all the currency area. The only hope for the hawks will be the core inflation, but it’s important to remember that the ECB’s target is headline inflation. We will soon have the release of US GDP See how to trade the US GDP with EUR/USD more coming 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 GDP at 1% – better than expected – USD rises Yohay Elam 7 years The European Standard HICP inflation measure shows that Germany is in deflation: prices have dropped 0.2% y/y, worse than 0% expected and +0.4% last time. This was not totally unexpected after the poor releases from the various German states. These had already put pressure on the common currency. Nevertheless, EUR/USD is pressured after the publication, falling closer to 1.10, well within the 1.0960 to 1.1070 trading range. Other figures also miss: the national y/y inflation measure stands at 0% and both the national and HICP month over month figures disappointed. On Monday we will get the all-European data, and the… 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.
