Inflation in Germany came in lower than expected in April.
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER 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_level1)]
- Inflation in Germany came in lower than expected in April.
- EUR/USD stays under bearish pressure below 1.1000 on Friday.
Inflation in Germany, as measured by the Consumer Price Index (CPI), declined to 7.2% on a yearly basis in April from 7.4% in March. This reading came in below the market expectation of 7.3%. On a monthly basis, the CPI was up 0.4%, down from +0.8 in March.
The annual Harmonised Index of Consumer Prices (HICP), the European Central Bank’s (ECB) preferred gauge of inflation, fell to 7.6% from 7.8% in the same period, compared to analysts’ estimate of 7.8%.
EUR/USD continues to trade in negative territory below 1.1000 after German inflation data.
[/s2If]
Nehcap Expert Advisor
The NEHCAP MT4 EA is high quality professional trading system geared to generate returns without using GRID or martingales. Each trade has strict risk per trade parameter. The pairs under management include EURUSD, GBPUSD, AUDCAD, AUDNZD,GBPAUD, EURAUD, EURCAD, CHFJPY and many more.
The system is trading live: LIVE ACCOUNT TRACKING
You can run it free. Apply for a free trial and track our account. Buy the system or use profit share mechanism to generate returns on your MT4.
Join Our Telegram Group
