The Euro traded sideways against the US Dollar, following the US CPI data release on Tuesday at 12:30 GMT. The EUR/USD exchange currency rate gained 7 pips or 0.07% after the release. The Euro continued trading at the 1.0860 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 0.4% compared with the forecast of negative 0.2%.
According to the official release: "The index for all items less food and energy fell 0.4 percent in April, the largest monthly decline in the history of the series, which dates to 1957. Along with the indexes mentioned above, the indexes for used cars and trucks and recreation also declined. The indexes for rent, owners' equivalent rent, medical care, and household furnishings and operations all increased in April."
| Date | 14.01.20 | 13.02.20 | 11.03.20 | 10.04.20 | 12.05.20 |
|---|---|---|---|---|---|
| Actual | 0.1% | 0.2% | 0.2% | -0.1% | -0.4% |
| Forecast | 0.2% | 0.2% | 0.2% | 0.1% | -0.2% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.65276 | 0.65215 | -0.09% |
| EUR/USD | 1.08541 | 1.08602 | 0.06% |
| NZD/USD | 0.61175 | 0.61129 | -0.08% |
| USD/JPY | 107.367 | 107.419 | 0.05% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 34.2% | 65.8% |
| EUR/USD | 29.2% | 70.8% |
| NZD/USD | 47.9% | 52.1% |
| USD/JPY | 46.2% | 53.9% |
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