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12:04 · 29 June 2021

BREAKING: Euro sees little reaction to German CPI figures

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German CPI inflation reading for June was released at 1:00 pm BST.  Inflation rate decreased to 2.3 % year-on-year in June, after a 2.5 % rise in May , in line with market estimates of 2.3%.  On a monthly basis, consumer matched analysts' estimates of 0.4%.

EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1890 level. Source: xStation5

 

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