Germany May CPI flash mm -0.2% vs -0.1% exp

Forex

Germany May CPI flash report now published 30 May

  • 0.0% prev
  • yy  1.5 %  vs 1.6% exp vs 2.0% prev
  • HICP flash mm -0.2% vs -0.1% exp vs -0.0% prev
  • yy % vs 1.5% exp vs 2.0% prev

Softer than expected but shouldn’t have been a great shock after the soggier regionals I’ve been posting.

EURUSD 1.1167 from 1.1174 but recovering some poise.

 Similarly EURGBP at 0.8682 and EURJPY at 123.87

I’m away now for 2 days so I’ll wish you good trading.

See you all on Friday.

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