EUR/USD: poor US inflation stalls the decline

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.1263 View Live Chart for the EUR/USD The dollar maintained its positive tone against its European rivals during the first half of the day, resulting in the EUR/USD plummeting to a fresh 2-week low of 1.1233. The release of the EU final March CPI figures was slightly encouraging, as compared to a year before, it came in flat, against a previous 0.1% decline. Monthly basis, it rose by 1.2% as expected, whilst the core year-on-year reading came in at 1.5%. In

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