First appeared on eFXplus on Jun 14 - 06:20 AM
- Eurozone inflation expectation collapse from 1.42% May 1 to 1.14% today
- U.S. inflation expectations have also plummeted 2.31% Apr 29, 2.04% today
- An evenly balanced influence on EUR/USD
- Start 2019 U.S. inflation expectations rebounded, EZ downside unchallenged
- Potentially the change of greater influence is the renewed drop in U.S.
- With traders short EUR/USD the change in expectations could provide support
Thomson Reuters IFR Markets