Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 06 - 04:55 AM

EUR/USD - CPI Data Presents EUR/USD Traders Their First Challenge In 2021

By Jeremy Boulton  —  Jan 06 - 02:37 AM
  • EUR/USD traders broadly long EUR ahead of this week's inflation data

  • German State CPIs from 8GMT. German CPI at 13GMT f/c -0.3% yy

  • Tomorrow's EZ flash HICP at 10GMT is f/c -0.2% from -0.3%

  • EZ retail sales data at 10GMT on Jan 7 are expected down 3.4% in Nov

  • Stronger EUR will be key for coming data in 2021

  • Trade weighted EUR rose 1% after ECB's Dec easing. Highest since Sep 2018

  • A further 0.25% gain would see EUR at its highest since August 2014

  • EUR has risen over 7% in last 12 months offsetting ECB stimulus



Trade weighted EUR Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!