Mixed data coming from Europe

Posted Friday, April 29, 2016 by
Skerdian Meta • 1 min read

There have been some mixed numbers coming from Europe this morning. The prelim Q1 GDP number showed a 0.6% expansion and the unemployment fell to 10.2%. But, on the other hand, the core inflation numbers missed the expectations and the inflation in general posted a 0.2% decline, which means deflation. Still, the Euro is higher against the Dollar, while the British Pound has failed to break the resistance at 1.4660s. 

GBP/USD failing at resistance once again. 


Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments