Market Updates: German Retail Sales Slips to -0.3%, What's Next? - Forex News by FX Leaders

Market Updates: German Retail Sales Slips to -0.3%, What’s Next?

Posted Friday, November 30, 2018 by
Arslan Butt • 1 min read

The Consumer Price Index (CPI) slowed down by -0.3% in November 2018, after a +0.1% rise in October. The drop in inflation should come from a deceleration in the prices of services, energy, food and tobacco. Anyhow, the EUR/USD continues to trade at $1.13883, showing a muted response.

For now, all eyes remain on the Eurozone CPI Flash Estimate y/y which is due at 11:00 (GMT).

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

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
Related Articles
The US Durable Goods and UK Retail Sale figures are in highlights, Watch out key trading levels to trade them....
20 hours ago

Leave a Reply

Notify of