The European Common Currency traded sideways against the US Dollar, following the US PPI data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 6 pips or 0.05% during a minute, right after the release. The Euro continued trading at the 1.1260 level against the US Dollar.
The Bureau of Labor Statistics released the US PPI data that came out better-than-expected of 0.6% compared with the forecast of 0.3%.
In March, The US PPI showed the greatest increase in 5 months. According to the Labor Department, this advance was driven by a growth in the cost of gasoline.
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| Date | 11.12.18 | 15.01.19 | 14.02.19 | 13.03.19 | 11.04.19 |
|---|---|---|---|---|---|
| Actual | 0.1% | -0.2% | -0.1% | 0.1% | 0.6% |
| Forecast | 0.0% | -0.1% | 0.1% | 0.2% | 0.3% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.71458 | 0.71429 | -0.04% |
| EUR/USD | 1.12635 | 1.12596 | -0.03% |
| NZD/USD | 0.67422 | 0.67369 | -0.08% |
| USD/JPY | 111.243 | 111.294 | 0.05% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 50.9% | 49.1% |
| EUR/USD | 28.7% | 71.3% |
| NZD/USD | 74.4% | 25.6% |
| USD/JPY | 32.0% | 68.0% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 9:00 | EUR | Industrial Production m/m | -0.5% | 1.4% |
| 14:00 | USD | Prelim UoM Consumer Sentiment | 98.1 | 98.4 |
| Tentative | USD | Treasury Currency Report | - | - |