8:35 AM · 31 May 2023

EURUSD breaks out key support after CPI data from France❗

EUR/USD
Forex
-
-

French inflation slowed more than expected to its lowest level in a year, which is good news for the European Central Bank, which may have less ground for further tightening given the incoming macro data. The next indication in this regard will be the CPI reading from Germany, which will be released at 01:00 pm BST.

The annual rate of change in consumer prices in the eurozone's second largest economy eased to 5.1% y/y in May from 5.9% in April. Analysts had expected a reading of 5.5%. Source: Bloomberg

In the wake of the strong fall in inflation, the EURUSD pair is trading with sizable declines this morning, which, by their extent, broke through important support at the level of yesterday's lows and the EMA 200. D1 interval. Source: xStation5 

17 October 2025, 7:03 PM

Daily summary: Trump remarks helps Wall Street 📈Precious metals decline

17 October 2025, 5:37 PM

Fed's Musalem remarks on the US economy and tariffs🗽

17 October 2025, 12:37 PM

The AI Fever: Bubble or Will It Keep Rising?

17 October 2025, 10:42 AM

Chart of the day - EURUSD (17.10.2025)

Join over 1 700 000 XTB Group Clients from around the world

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