EUR: Much ado about CPI – ING
There seems to be quite a lot of focus on the August eurozone CPI release today. Consensus expects headline to tick up to 2.1% YoY and core to tick down to 2.2% YoY, ING's FX analyst Chris Turner notes.


There seems to be quite a lot of focus on the August eurozone CPI release today. Consensus expects headline to tick up to 2.1% YoY and core to tick down to 2.2% YoY, ING's FX analyst Chris Turner notes.

EUR/USD is likely to continue trading between 1.1650 and 1.1750

"The ECB hawks and doves seem evenly split, where the former group sees no need for rates to be taken sub-neutral (2.00%), while the latter is still concerned about undershooting inflation targets."

"We actually doubt how much today's data will impact the pricing of the ECB's monetary cycle, where the market still prices a cut for the second quarter of next year. That seems strange, because next year we expect the effects of German fiscal stimulus to be felt, and if there is a window for a further ECB rate cut, we see it this year, not next."

"EUR/USD looks quite comfortable at 1.1700 for the time being. Long positioning is probably the biggest risk to EUR/USD right now. But in theory, US jobs releases this week still have the potential to unlock some upside. EUR/USD looks likely to continue trading well within the 1.1650-1.1750 range for now."

FXStreet
Trade The World
Lebih sejuta pengguna bergantung pada FXStreet untuk data pasaran masa nyata, alat carta, pandangan pakar dan berita Forex. Kalendar ekonomi yang komprehensif dan webinar pendidikan mereka membantu pedagang kekal bermaklumat dan membuat keputusan yang dikira. FXStreet disokong oleh pasukan kira-kira 60 profesional di ibu pejabat Barcelona dan pelbagai wilayah global.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Terokai Lebih Banyak Alat
Akademi Perdagangan
Layari pelbagai artikel pendidikan yang merangkumi strategi perdagangan, wawasan pasaran, dan asas kewangan, semuanya di satu tempat.
Ketahui Lebih Lanjut
Kursus
Terokai kursus perdagangan berstruktur yang direka untuk menyokong pertumbuhan anda di setiap peringkat perjalanan perdagangan anda.
Ketahui Lebih Lanjut
Webinar
Sertai webinar langsung dan atas permintaan untuk mendapatkan wawasan pasaran masa nyata dan strategi perdagangan daripada pakar industri.
Ketahui Lebih Lanjut