#EURUSD @ 1.03570 Annual HICP in the Euro area climbed to 10.6% in October.
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
- Annual HICP in the Euro area climbed to 10.6% in October.
- EURUSD continues to trade in negative territory below 1.0400.
Annual inflation in the Euro area, as measured by the Harmonised Index of Consumer Prices (HICP), rose to 10.6% (final) in October from 9.9% in September. This reading came in slightly below the flash estimate and the market expectation of 10.7%.
The Core HICP, which excludes volatile food, energy, alcohol and tobacco prices, stood at 5% on a yearly basis in October, matching the initial estimate.
These figures don’t seem to be having a noticeable impact on the Euro’s (EUR) performance against its major rivals. As of writing, EURUSD was down 0.27% on the day at 1.0365.
[/s2If]
Join Our Telegram Group
