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Dollar back in favour as the dark clouds emerge
So far today, euro area CPI data has served to reaffirm that price pressures are not going to dissipate that easily after the drop in March - which owed much to an adjustment on base effects. The only good news is that Spanish core annual inflation did fall in April and that could also translate to what we could see in other countries and next week's Eurozone reading.But as inflation remains sticky, the less optimistic German Q1 GDP data is now weighing on the market mood and causing some jitter...
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Posted: Apr 28 2023, 08:24
Author Name: forexlive
Views: 081982