BREAKING: EURUSD ticks lower after in line with expectations PCE report

01:30 PM GMT, United States - Inflation Data for December:

PCE price index: Actual 0.3%. Forecast 0.3% MoM; previous 0.1% MoM;
PCE Price index: Actual: 2.6%. Forecast 2.6% YoY; previous 2.4% YoY;
Core PCE Price Index:Actual: 2.8%. Forecast 2.8% YoY; previous 2.8% YoY;
Real Personal Consumption: Actual: 0.4%MoM. Previous 0.3% MoM;
Personal Income:Actual: 0.4 forecast 0.4% MoM; previous 0.3% MoM;

The EURUSD pair did not react to today's data because the report did not surprise investors and showed readings in line with market consnesus. Us short-term interest-rate futures lower after inflation data, traders continue to see the next fed rate cut in June.

Source: xStation

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