The US inflation data coming up - Forex News by FX Leaders

The US inflation data coming up

Posted Thursday, April 14, 2016 by
Skerdian Meta • 1 min read

The US inflation data is coming up in a few hours. The CPI and core CPI, as well as the unemployment claims will be released at 12:30 GMT. The unemployment or the employment numbers have been solid so we don´t expect anything there, the inflation figures are the ones to watch. Yesterday the inflation, seen from the producers side declined by 0.1% so the consumer inflation numbers today will be important. Meanwhile, EUR/USD touched 1.1230s today but has recovered about 30 pips in the last hour.

 EUR/USD touched the 100 smooth MA which has held in the first attempt 

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
Related Articles
0 0 vote
Article Rating
Notify of
Inline Feedbacks
View all comments