EUR/USD: inflation above expectations, boosting the Euro before stats US key


© Reuters. EUR/USD back suiet to the CPI of the zoen euro

Investing.com – After you have clearly corrected yesterday evening following about dovish tone of Jens Weidmann (ECB), the EUR/USD pair bounced on Friday, with a recent peak at 1.1472, after a low of 1.1434 early this morning.

The Euro benefits from a good surprise in relation to european inflation. The CPI Core annual the month of January 2019 is displayed to 1.1%, against 1% expected and previously.

The general CPI was shown to him confirms the expectations to 1.14% for the month of January.

However, it should be remembered that other statistics major will be expected in the United States later today, with the report to the NFP on the creations of jobs, and the ISM manufacturing index.

  • See our predictions for the ratio NFP

The EUR/USD will, therefore, still subject to many risks today, and a continued rise is not guaranteed, especially in the case of figures US strong this afternoon.

From a graphical point of view, 1.1470-75 is to be regarded as immediate resistance before the psychological threshold of 1.15 and the vertices of yesterday at 1.1514. More high is the peak of the January 9, at 1.1570, which may be referred, before the psychological threshold of 1.16.

Downward 1.1450 is the first support close to current levels, before 1.1425 and 1.1400-05.

Find news and analysis Investing.com France on Facebook-Investingcomfrance, Twitter-InvestingFrance and Telegram-Investingfr.

Like this post? Please share to your friends:
Leave a Reply