- Friday, 18 March 2016
- News
German PPI decreased by 0.5%
- Thursday, 17 March 2016
- Daily Technical Analysis
EUR/USD Daily Forecast - 18 March
Euro continued its uptrend in the course of the Thursday's session, breaking above 1.13 handle, but finding area around 1.1350 level to be too resistive at the moment so it pulled back by the end of the session. Incline is mostly result of Wednesday's Fed rate decision and stanzas on future monetary policy. As for tomorrow, since there will be no major data releases, we can expect a bit steadier session, in which pair is likely to find support around 1.1250 level initially, and 1.12 handle in extension. Read more...
- Thursday, 17 March 2016
- Daily Fundamental Analysis
EUR/USD Daily Forecast - 18 March
From Eurozone, yesterday, only Final CPI data was published. Euro area annual inflation was -0.2% in February 2016, down from 0.3% in January 2016. In February 2015 the rate was -0.3%. European Union annual inflation was also -0.2% in February 2016, down from 0.3% in January. A year earlier the rate was -0.3%. The largest upward impacts to euro area annual inflation came from restaurants and cafes (+0.13 percentage points), rents (+0.08 pp) and fruit (+0.06 pp), while fuels for transport (-0.49 pp), heating oil (-0.24 pp) and gas (-0.10 pp) had the biggest downward impacts.
Read more...- Thursday, 17 March 2016
- News
Euro area inflation at -0.2%
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