We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bullish
GBP/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
Oil - US Crude
Mixed
Bitcoin
Bullish
More View more
Real Time News
  • Currency markets may be battered by breakneck volatility if a slowdown in global economic growth triggers a collapse in the fragile market for collateralized loan obligations (CLOs). Get your market update from @ZabelinDimitri here:https://t.co/KfjjtaXs7b https://t.co/sWeSlv33pb
  • The #Dow Jones and #Nasdaq 100 will await key earnings from some of the world’s largest manufacturers and tech companies while the #DAX grapples with freshly-imposed tariffs. Get your equities market update from @PeterHanksFX Here: https://t.co/u2lG19JFt3 https://t.co/OHs4rQEH7T
  • Crude #oil prices are consolidating above a key support zone we’ve been tracking for more-than three months now. Get your market update from @MBForex here: https://t.co/XaACvEpLG4 #OOTT https://t.co/XjmjUt4Par
  • Why trade with Bollinger Bands®? Find out as a day trader, how you can use it to your advantage:https://t.co/dwODDDSsFi @WVenketas https://t.co/SYduJ5k9mL
  • As the global economy continues to contract, the risk of geopolitical threats undermining financial and economic stability are rising, leaving the door open to violent volatility. Get your market update from @ZabelinDimitri here:https://t.co/2HEzqPobvA https://t.co/k13SwJmbRm
  • RT @IGSquawk: We're currently pricing #GBPUSD at 1.2852 and #FTSE at 7129.2 That's a drop of 1.18% from Fridays close for GBPUSD and 0.22%…
  • #DidYouKnow a #Doji candlestick signals market indecision and the potential for a change in direction. What are the top five types of Doji candlesticks? Find out: https://t.co/c51s3IBcEu https://t.co/K6W9X4v8XD
  • The $NZD may be carving out a near-term bottom against its US counterpart but scope for gains seems limited within a broader downtrend. Get your technical analysis from @IlyaSpivak here: https://t.co/7bsVuSyWMn https://t.co/DsmNYKk8v3
  • Can you trade with the joy of missing out (#JOMO)? Find out how you can turn your #FOMOintrading to JOMO here: https://t.co/G5H26NXZQe https://t.co/pVdKUPzvmk
  • RT @PaulBrandITV: It’s likely that this will end up in court on Monday. The case in the Scottish courts may well consider that this doesn’t…
Euro-Zone Inflation Slows Allowing The ECB To Remain On Hold

Euro-Zone Inflation Slows Allowing The ECB To Remain On Hold

2010-04-16 12:14:00
John Rivera, Currency Analyst
Share:

FX4.16

Fundamental Headlines

• Tragic Flaw: Graft Feeds Greek Crisis– Wall Street Journal
• Singapore Exports Jump– Wall Street Journal
• Greece takes key step towards rescue - Financial Times
• Bank of America Returns to Profit as Merrill Lynch Purchase Boosts Revenue- Bloomberg
• Emerging-Market Stocks Drop as China Cools Speculation; Google Shares Fall - Bloomberg



EUR/USD  Euro-zone consumer prices rose 0.9% in March as expected which saw the pace on an annualized basis slow to 1.4% from 1.5%. However, core prices slightly ticked up to 1.0% from 0.9% which shows that broader price growth remains firm. Regardless, energy costs continue to pace inflation accelerating 2.6% on the month. Adding to the woes in Greece, the country saw the highest level of inflation at 3.9% which will add weight to an already struggling economy. The ECB will find comfort in the overall figures as consumer prices remain well below their 2.0% target which will allow them to maintain their measured approach to monetary policy.   To discuss and other topics, please visit the EUR/USD forum.


USD/CHF – 
Swiss producer and import prices rose 0.5% on the month and were unchanged on the year in March, Switzerland's statistics office said. This was above market expectations of an increase of 0.3% on the month and a decline of 0.2% on the year. A rise in imports prices of 0.7% should ease the SNB’s concerns over deflation which may keep policy makers from intervening in currency markets. A look at the breakdown reveals that a 4.6% increase in energy costs was the main driver of higher prices with mining and agriculture also seeing significant gains.
 

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.