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U.S. Indices Sell-Off Deepens; ECB Policy Meeting Ahead!

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The U.S. dollar was slightly lower against its major peers on Wednesday and early Thursday as the consumer prices increased at a smaller pace than expected in December. On year-over-year, the U.S. inflation rate picked up to 0.7%, the highest since December 2014, however, the market predicted a biggest growth up to 0.8%.In comparison with the month before, the consumer prices decreased by 0.1%. Euro drops ahead of ECB meeting The single currency slumped against its counterparts on Wednesday

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