SasoKlobucaric

Euro zone CPI numbers

FX:EURUSD   Euro / U.S. Dollar
We saw German CPI numbers yesterday most of them came out in line with expectations. It seems we got the same picture today with 0.3 EU inflation data. EUR/USD continues to trade in a tight range (1.3150 - 1.3220) that might be broken already next week. The question of possible ECB action next week stays in the air.
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