EUR/USD: Hot inflation in eurozone could rescue the euro from strong NFP

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EUR/USD: Hot inflation in eurozone could rescue the euro from strong NFP
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EUR/USD: Hot inflation in eurozone could rescue the euro from strong NFP EURUSD NFP Inflation Europe

“The market expectation points to a Core CPI reading of 2.5% on a yearly basis in December, down from 2.6% in November. The annual CPI is forecast to edge lower to 4.7% from 4.9%. In case the data reveal stronger-than-expected inflation in

“In case US T-bond yields start to push higher after NFP data, the first target on the downside aligns at 1.1270 ahead of 1.1240 and 1.1200 .” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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