Better than expected inflation data in the euro-zone: headline CPI dropped to 1.3% but beat projections at 1.2%. More importantly, core inflation is bouncing back up to 1.1%, up from 0.9% and better than 1% predicted. EUR/USD initially advanced but then resumed its correction to the downside. Is this a buying opportunity on EUR/USD? The [...]
The post Euro-zone core CPI beats with 1.1% – EUR/USD wobbles appeared first on Forex Crunch.
via Forex Crunch
No comments:
Post a Comment