EUR/USD reacts to US CPI

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At 13:30 GMT on Friday, US monthly Consumer Price Index data was published. CPI came in at 0.8% instead of forecast 0.7%. Meanwhile, Core CPI hit the forecast of 0.5%.

The EUR/USD reacted to the news with a 42 base point or 0.37% jump upwards, as the USD lost value.

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