The European Single Currency appreciated against the US Dollar, following the United States CPI data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 22 pips or 0.19% during a minute, right after the release, which pushed the rate to go upwards to trade at the 1.1680 level.
The Bureau of Labor Statistics released CPI data that came out lower-than-expected of 0.2%, compare to forecasted 0.3%.
The U.S. Bureau of Labor Statistics announced: "The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in August on a seasonally adjusted basis, the same increase as in July,"
Historical Data Table: CPI m/m | Economic Calendar for 14.09.2018 | ||||||||
Date | 11.04.2018 | 10.05.2018 | 12.06.2018 | 10.08.2018 | 13.09.2018 | 10:00 AM | UK BOE Gov Carney Speaks | ||
Actual | -0.10% | 0.20% | 0.20% | 0.20% | 0.20% | 12:30 PM | US Core Retail Sales m/m | ||
Forecast | 0.00% | 0.30% | 0.20% | 0.20% | 0.30% | 12:30 PM | US Retail Sales m/m | ||
Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
AUD/USD | 0.71836 | 0.72028 | 0.27% | AUD/USD | 64.92% | 35.08% | |||
EUR/USD | 1.16198 | 1.16372 | 0.15% | EUR/USD | 60.03% | 39.97% | |||
USD/JPY | 111.631 | 111.478 | -0.14% | USD/JPY | 50.49% | 49.51% | |||
NZD/USD | 0.65451 | 0.65617 | 0.25% | NZD/USD | 62.26% | 37.74% |