No big surprises in euro-zone inflation: headline inflation continues rising, reaching 2% as expected. Core inflation remains stuck below 1%, with a third consecutive month at 0.9% y/y. PPI is up 0.7% m/m, above 0.6% expected. The unemployment rate is at 9.6%. EUR/USD is marginally lower. Euro-zone inflation was expected to move to a year [...]
The post Euro-zone inflation reaches 2% – EUR/USD remains depressed appeared first on Forex Crunch.
via Forex Crunch
No comments:
Post a Comment