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Euro Remains Pressured as CPI Slowed to Lowest since 1999, US GDP Next - forex fx daily current outlook

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Old 01-30-2009, 10:22 AM
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Join Date: Sep 2008
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Default Euro Remains Pressured as CPI Slowed to Lowest since 1999, US GDP Next

Eurozone's CPI eased to 1.1% yoy in January, much lower than market expectation of 1.4% and 1.6% in December. This was also the lowest reading since Jul 1999. On the other hand, unemployment rate rose to 2-year high of 8% in December from a revised 7.9% in the previous month....

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