9:46 AM ยท 29 August 2024

EURUSD drops by 0.4% ๐Ÿ“‰

The official CPI report for Germany is published today at 1:00 PM BST. However, at 9:00 AM BST, reports from German regions were released, indicating a much larger decline in year-over-year headline inflation. The average inflation from the states dropped to 1.9%, below the ECB's target of 2.0%.

01:00 PM BST, Germany - Inflation Data for August; Expectations:

  • German CPI: forecast 2.1% YoY; previous 2.3% YoY;
  • German HICP: forecast 2.3% YoY; previous 2.6% YoY;
  • German HICP: forecast 0.0% MoM; previous 0.5% MoM;
  • German CPI: forecast 0.0% MoM; previous 0.3% MoM;

Data from the regions suggest that inflation in the eurozone has returned to the 2% target. A rate cut during the meeting scheduled for September 12 is currently priced at 103% (compared to 99% before the data). Source: XTB

Since the publication of the CPI data, the EURUSD pair has already lost over 0.4%. The pair has thus broken below the support zone marked by the 50-period EMA (blue curve on the chart, H4 interval) and the 23.6% Fibonacci retracement of the upward wave that began at the start of the month. Source: xStation

23 October 2026, 4:31 PM

US Open: Further declines on Wall Street, Brent above 111 USD, AI correction continues (14.10.2026)

23 October 2026, 8:49 AM

BREAKING: France slows down, Germany holds on. Euro falls below 1.12

23 October 2026, 8:12 AM

Chart of the Day: Is USDJPY running out of road? Inflation forces the BoJ to act, but the Fed could spoil the Yenโ€™s rally

23 October 2026, 7:05 AM

Macro Calendar: Preliminary PMI Readings and Earnings Ahead

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 Comissรฃo de Valores Mobiliรกrios (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