Read more

Breaking News: EURUSD recovers on stronger inflation from Germany

2:09 PM 30 October 2019

The German CPI data was released at 1:00 pm GMT and it came in above estimates. Market expected a deceleration to 1% YoY from 1.2% YoY but the reading showed a slowdown to 1.1% YoY. A point to note is that the Spanish CPI data that was released in the morning also came in above estimates. Release of the German data helped USD recover from a drop caused by better-than-expect US GDP report.

EURUSD recovered after the release of the German CPI data but still remains below the important price level of 1.1125. Source: xStation5

Share:
Back

Market News

07.07.2025
07:10

Economic calendar: Tariffs back in the spotlight

Investors' attention today will once again turn to the issue of tariffs. The US president has stated that countries supporting the BRICS alliance policy,...

 07:03

German industrial production data exceeds expectations 💡

German industrial production exceeds expectations. This was driven by growth in the automotive, energy, and pharmaceutical industries. Year-on-year,...

 06:36

Morning Wrap (07.07.2025)

The dollar is strengthening due to Trump's threat to impose additional 10% tariffs. The US president has stated that countries supporting...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits