The Euro traded sideways against the US Dollar, following the US CPI data release on Friday at 12:30 GMT. The EUR/USD exchange currency rate lost 8 pips or 0.06% after the release. The Euro continued trading at the 1.1840 level against the Greenback after the release.
The Bureau of Labor Statistics released the US Core CPI data, which came out better-than-expected of 0.4% compared with the forecast of 0.2%.
According to the official release: "The sharp rise in the index for used cars and trucks accounted for over 40 percent of the increase; the indexes for shelter, recreation, household furnishings and operations, apparel, motor vehicle insurance, and airline fares also rose. The indexes for education and personal care were among the few to decline."
| Date | 12.05.20 | 10.06.10 | 14.07.20 | 12.08.20 | 11.09.20 |
|---|---|---|---|---|---|
| Actual | -0.4% | -0.1% | 0.2% | 0.6% | 0.4% |
| Forecast | -0.2% | 0.0% | 0.1% | 0.2% | 0.2% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.72967 | 0.72908 | -0.08% |
| EUR/USD | 1.18523 | 1.18459 | -0.05% |
| NZD/USD | 0.66837 | 0.66765 | -0.11% |
| USD/JPY | 106.169 | 106.149 | -0.02% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 26.0% | 74.0% |
| EUR/USD | 46.0% | 54.0% |
| NZD/USD | 27.0% | 73.0% |
| USD/JPY | 37.8% | 62.2% |
Economic calendar