1:23 PM · 29 June 2020

EURUSD extends gains after solid German CPI reading

EURUSD caught a bid following German CPI release. Inflation in Europe's biggest economy accelerated from 0.6% YoY to 0.9% YoY in June while the market expected it to stay unchanged. Euro benefits from the release while stock markets see almost no reaction. In theory rising inflation leaves less room for monetary easing and, in turn, can be seen as bad for stocks in the current environment.

Upward move on EURUSD accelerated after a solid German CPI print. The main currency pair is approaching a short-term downward trendline. Source: xStation5

26 June 2026, 6:48 PM

Daily Summary: Will the S&P 500 close the week with a loss❓Find out what drove the market today ⬇️

26 June 2026, 7:42 AM

Economic Calendar: US consumer sentiment and Fed speeches in the focus (26.06.2026)

25 June 2026, 2:42 PM

Market Wrap: Markets Rally on Strong Micron Data (25.06.2026)

25 June 2026, 1:47 PM

BREAKING: PCE Inflation and income raise 📈EURUSD gains 0,2%

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