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On Friday, when we look at the headline inflation figures we followed from the euro zone, it was announced in parallel with expectations by 1.9 percent on annual basis and 0.5 percent on monthly basis. Food and energy items were neglected in the core CPI figures were realized in parallel with the projections. The euro, which had been selling hard on the European Central Bank's decision on Thursday, eased in part as inflation figures announced met forecasts. However, CFTC reports described in the…
kahinistanbul's Blog
EURusd overview
Yesterday industrial production figures from the euro zone remained well below the expected figures in the market, showing that economic disruptions continue. Although recent bad data from Europe has caused market-side concerns, expectations for a definitive step in the bond buying program at the ECB meeting today and the decline in Italian Bond interest rates have had a positive impact on euro assets. On the US side, the FED/FOMC decisions were followed by an interest rate increase of 25 basis …