Free Trial

*** Gets a lift as headline CPI comes...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: *** Gets a lift as headline CPI comes in better than the forecast
level of 1.4%yy at 1.5%yy, with core as expected at 1.2%yy. Rate was trading
around $1.1890 into release and gained a lift to $1.1905. Market did seem to be
well positioned for this move, following stronger CPI shows in Germany and
Spa9in Wednesday, with profit take sales providing some counter. Some talk that
one of the news services may have reported core incorrectly at 1.3%. Rate trades
around $1.1902 at posting. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.