EUR/USD: US CPI

Source: Dukascopy Bank SA

The European Common Currency traded sideways against the US Dollar, following the US CPI data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 5 pips or 0.04% right after the release. The Euro continued trading at the 1.1025 level against the Greenback.

The Bureau of Labor Statistics released the US Core CPI data, which came out worse-than-expected of 0.1% compared with the forecast of 0.2%.

According to the official release: "The index for all items less food and energy rose 0.1 percent in September after increasing 0.3 percent in each of the last 3 months. Along with the shelter index, the indexes for medical care, household furnishings and operations, and motor vehicle insurance all rose in September. The indexes for used cars and trucks, apparel, new vehicles, and communication all declined."

Historical Data: US Core CPI m/m
Date12.06.1910.07.1913.08.1912.09.1910.10.10
Actual0.1%0.3%0.3%0.3%0.1%
Forecast0.2%0.2%0.2%0.2%0.2%
Initial Reaction on Main Pairs
PairOpenCloseChange
AUD/USD0.676250.676650.06%
EUR/USD1.102691.102880.02%
NZD/USD0.632890.633210.05%
USD/JPY107.49107.461-0.03%
Oct 10, 2019 Open Positions
PairLongsShorts
AUD/USD71.4%28.6%
EUR/USD32.2%67.8%
NZD/USD71.1%28.9%
USD/JPY62.6%37.4%
Economic Calendar for Oct 11, 2019
GMTCurrencyEventForecastPrevious
All DayEURECOFIN Meetings--
12:30CADEmployment Change11.2K81.1K
12:30CADUnemployment Rate5.7%5.7%

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