The European Common Currency traded sideways against the US Dollar, following the US CPI data release on Wednesday at 13:30 GMT. The EUR/USD exchange currency rate lost 5 pips or 0.04% right after the release. The Euro continued trading at the 1.1007 level against the Greenback.
The Bureau of Labor Statistics released the US CPI data, which came out better-than-expected of 0.4% compared with the forecast of 0.3%.
According to the official release: "The index for all items less food and energy rose 0.2 percent in October after increasing 0.1 percent in September. Along with the indexes for medical care and for recreation, the indexes for used cars and trucks, for shelter, and for personal care all rose in October, though the increase in the shelter index was the smallest since October 2013. The apparel index fell in October, as did the indexes for household furnishings and operations, for new vehicles, and for airline fares."
| Date | 10.07.19 | 13.08.19 | 12.09.19 | 10.10.19 | 13.11.19 |
|---|---|---|---|---|---|
| Actual | 0.1% | 0.3% | 0.1% | 0.0% | 0.4% |
| Forecast | 0.0% | 0.3% | 0.1% | 0.1% | 0.3% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.68259 | 0.68254 | -0.01% |
| EUR/USD | 1.10071 | 1.10057 | -0.01% |
| NZD/USD | 0.63951 | 0.63939 | -0.02% |
| USD/JPY | 108.873 | 108.844 | -0.03% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 55.5% | 44.5% |
| EUR/USD | 34.9% | 65.1% |
| NZD/USD | 70.0% | 30.0% |
| USD/JPY | 51.9% | 48.1% |
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