The Euro traded sideways against the US Dollar, following the US CPI release on Wednesday at 12:30 GMT. The EUR/USD exchange currency rate lost 6 pips or 0.05% after the release. The Euro continued trading at the 1.1370 level against the Greenback after the release.
The Bureau of Labor Statistics released the US Core CPI data, which came out worse-than-expected of negative 0.1% compared with the forecast of 0.0%.
According to the official release: "The index for all items less food and energy fell 0.1 percent in May, its third consecutive monthly decline. This is the first time this index has ever declined in three consecutive months. Along with motor vehicle insurance and apparel, the indexes for airline fares and used cars and trucks declined in May. The indexes for shelter, recreation, medical care, household furnishings and operations, and new vehicles all increased."
| Date | 13.02.20 | 11.03.20 | 10.04.20 | 12.05.20 | 10.06.10 |
|---|---|---|---|---|---|
| Actual | 0.2% | 0.2% | -0.1% | -0.4% | -0.1% |
| Forecast | 0.2% | 0.2% | 0.1% | -0.2% | 0.0% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.70138 | 0.70158 | 0.03% |
| EUR/USD | 1.13726 | 1.13682 | -0.04% |
| NZD/USD | 0.65461 | 0.65485 | 0.04% |
| USD/JPY | 107.432 | 107.368 | -0.06% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 25.0% | 75.0% |
| EUR/USD | 29.1% | 70.9% |
| NZD/USD | 27.6% | 72.4% |
| USD/JPY | 37.6% | 62.4% |
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