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European Market Update: European Inflation Continues Its Improvement Trend

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    USD maintained a soft tone against major European pairs as inflation in the region continued its monthly improvement. EUR/USD rose to hit a 6-month high as pair approaches 1.1460 area. GBP/USD probed the 1.43 level after its Mar CPI reading beat expectations with YoY reading of 0.5% hitting a 15-month[​IMG]

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