The European Single Currency appreciated against the US Dollar, following the US CPI data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 24 pips or 0.21% during a minute, right after the release. The European Single Currency kept going upwards after the data release to continue trading at the 1.1583 area.
The Bureau of Labor Statistics released US CPI data that came out lower-than-expected of 0.1% compared with forecasted 0.2%.
"In September, the Consumer Price Index for All Urban Consumers increased 0.1 percent seasonally adjusted; rising 2.3 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy rose 0.1 percent in September (SA); up 2.2 percent over the year (NSA)" the U.S. Bureau of Labor Statistics announced on Thursday.
| Historical Data Table: CPI m/m | Economic Calendar for 12.10.2018 | ||||||||
| Date | 10.05.2018 | 12.06.2018 | 10.08.2018 | 13.09.2018 | 11.10.2018 | DAY 2 | G20 Meetings | ||
| Actual | 0.20% | 0.20% | 0.20% | 0.20% | 0.10% | Tentative | CNY Trade Balance | ||
| Forecast | 0.30% | 0.20% | 0.20% | 0.30% | 0.20% | 14:00 PM | US Prelim UoM Consumer Sentiment | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.70939 | 0.71187 | 0.35% | AUD/USD | 61.84% | 38.16% | |||
| EUR/USD | 1.15699 | 1.1592 | 0.19% | EUR/USD | 60.04% | 39.96% | |||
| USD/JPY | 112.271 | 112.232 | -0.03% | USD/JPY | 38.90% | 61.10% | |||
| NZD/USD | 0.64857 | 0.65042 | 0.29% | NZD/USD | 61.49% | 38.51% | |||