Euro zone annual inflation was negative | 19 11月 2020

19 11月 2020, EUR/USD

EURUSD trading plan:

Euro zone annual inflation was negative for a third consecutive month in October, matching a four-year low. Inflation in the 19 countries sharing the euro was plus 0.2% month-on-month in October for a 0.3% year-on-year fall, the same annual decline as in September. Food, alcohol and tobacco added 0.38 percentage points to the final results, Eurostat said, and services another 0.19 points, but an 8.2% year-on-year plunge in energy prices subtracted 0.81 percentage points from the final number. Non-energy industrial goods also reduced inflation by 0.03 points. This is a negative signal for the Euro! The ECB wants to keep inflation below, but close to 2% over the medium term.

Trading recommendation: Sell 1.1870 and take profit 1.1835

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus