EURGBP gets rejected near SMAs; technical signals are negative There might be an opportunity for a rebound near 0.8300 Eurozone publishes CPI inflation data at 10:00 GMT EURGBP experienced another failure near its 20- and 50-day simple moving averages (SMAs) earlier this week, increasing concerns that the bad days are not over yet. With the price resuming […]
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Eurozone CPI rebounded from 2.0% yoy to 2.3% yoy in November, matched expectations. CPI core (energy, food, alcohol & tobacco) was unchanged at 2.7% yoy, below expectation of 2.8% yoy. Looking at the main components, Read more…
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The Japanese yen has surged higher on Friday after a strong inflation release. In the European session, USD/JPY is trading at 150.19, down 0.87% on the day. Earlier, the yen has broken below the symbolic Read more…