Posts Tagged ‘Estimate’
EUR/USD: Trading the Euro-Zone Consumer Price Estimate
The flash estimate for European inflation is projected to increase at an annualized pace of 2.7% in April, which would be the fastest pace of growth since October 2008, and the rise in consumer prices could spark a bullish reaction in the single-currency as investors speculate the European Central Bank to normalize monetary policy further in the coming months.
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EUR/USD: Trading the Change in Euro-Zone Consumer Price Estimate
A rebound in Euro-Zone consumer inflation expectations could reinforce the bullish bias behind the EUR/USD, and the exchange rate may continue to push higher over the near-term as it maintains the rally from earlier this month.
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