Tuesday, April 29, 2014

EUR Well Bid Going Into The German Inflation Report

EUR/USD was squeeze higher yesterday. The move was probably due to both dollar weakness and euro strength. Today the focus will be on the German inflation data. A rise to 1.3% Y/Y is expected. Such an outcome might cool speculation for an ECB policy easing short‐term and support the euro.



Continue Read...

0 comments:

Post a Comment

Site Search