CPI Flash Estimate – 30/9

What is it? It checks the change in the price of goods and services purchased by consumers.

Consumer prices affect overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates.

Usual Effect: If the actual number is bigger than the forecast, you can expect the Euro to rise.

When? Today (30.9) at 5:00am Eastern Time.

 

Trading TipThis announcement can greatly affect the Euro. It's a good time to invest in it.

 

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