The euro-zone published its initial CPI estimate for January as well as its first GDP print for Q4 2016. Headline inflation was expected to rise to an annual level of 1.6% in January up from 1.1%, mostly the effect of oil prices. Core inflation carried expectations The unemployment rate was projected to remain unchanged at 9.8%. EUR/USD was relatively stable [...]
The post Euro-zone inflation leaps to 1.8% – EUR/USD ticks up appeared first on Forex Crunch.
via Forex Crunch
No comments:
Post a Comment