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
Mixed
GBP/USD
Mixed
USD/JPY
Bullish
Gold
Bearish
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
Oil - US Crude
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
Bitcoin
Bearish
More View more
Real Time News
  • 🇪🇺 EUR German Gross Domestic Product w.d.a. (YoY) (3Q F), Actual: 0.5% Expected: 0.5% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2019-11-22
  • 🇪🇺 EUR German Gross Domestic Product n.s.a. (YoY) (3Q F), Actual: 1,0% Expected: 1.0% Previous: 1.0% https://www.dailyfx.com/economic-calendar#2019-11-22
  • The $JPY has posted some rare gains against the US Dollar on its daily chart, but important channel support still holds on an intraday basis. Keep a close eye on it now. Get your market update from @DavidCottleFX here:https://t.co/ReMGzu6OjP https://t.co/FkSEGuro3T
  • 🇪🇺 EUR German Gross Domestic Product w.d.a. (YoY) (3Q F), Actual: 1% Expected: 0.5% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2019-11-22
  • Heads Up:🇪🇺 EUR German Gross Domestic Product w.d.a. (YoY) (3Q F) due at 07:00 GMT (15min), Actual: N/A Expected: 0.5% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2019-11-22
  • Heads Up:🇪🇺 EUR German Gross Domestic Product n.s.a. (YoY) (3Q F) due at 07:00 GMT (15min), Actual: N/A Expected: 1.0% Previous: 1.0% https://www.dailyfx.com/economic-calendar#2019-11-22
  • European Opening Calls From IG: #FTSE 7259 +0.28% #DAX 13166 +0.22% #CAC 5892 +0.18% #MIB 23339 +0.26% #IBEX 9236 +0.23% #STOXX 3688 +0.21%
  • USD/MXN Technical Analysis: Peso Breaks Down as USMCA Lingers - https://www.dailyfx.com/forex/technical/article/special_report/2019/11/22/USDMXN-Technical-Analysis-Peso-Breaks-Down-as-USMCA-Lingers.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #USDMXN #USMCA https://t.co/ZHZWXOGHuW
  • What is a CPI and why does it affect #forex traders? Find out: https://t.co/nGztbG91kc #tradingstyle https://t.co/d06LgWdP50
  • My trading video for today: 'S&P 500 Slip Isn't Yet Bearish Conviction, Even with Trade War and Recession Headlines' https://www.dailyfx.com/forex/video/daily_news_report/2019/11/22/SP-500-Slip-Isnt-Yet-Bearish-Conviction-Even-with-Trade-War-and-Recession-Headlines.html?CHID=9&QPID=917719 https://t.co/WRXYdP6ru2
EUR/USD Ignores German and French CPI, ECB June Meeting in Focus

EUR/USD Ignores German and French CPI, ECB June Meeting in Focus

2014-05-14 07:03:00
David Maycotte,
Share:

Talking Points:

  • German CPI Confirmed at 1.3% y/y in April vs. 1.0% in March
  • French CPI Reported Worse than Expected
  • Eurozone CPI Due Later this Week

The release of the final revision of April’s German CPI reading proved uneventful, with the benchmark year-on-year inflation rate confirmed at 1.3 percent and the month-on-month change matching initial estimates to show a -0.2 percent decline.

On the other hand, French CPI reported worse than expected with the headline year-on-year inflation rate at 0.7 percent, missing estimates calling for a print of 0.9 percent. The month-on-month change also missed estimates reporting at 0.0 percent vs 0.1 percent expected.

The Euro was little-changed to the inflation reports and managed to hold onto overnight gains. The move may reflect profit-taking after the ECB announced the possibility of intervention in June sending the EUR/USD from a year-to-date high of 1.3995 to a May low of 1.36902.

EUR/USD 1-Minute Chart. February 13, 2014

EUR/USD Ignores German and French CPI, ECB June Meeting in Focus

EUR/USD 5-Minute Chart. May 14, 2014. Charted created using Marketscope 2.0.

-- Written by David Maycotte, DailyFX Research Team. Questions, comments or concerns can be sent to instructor@dailyfx.com.

Want to trade with proprietary strategies developed by FXCM? Find out how with Mirror Trader.

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

DISCLOSURES

News & Analysis at your fingertips.