Market Overview

EUR/USD Trading Higher; Italian Trade Balance Little Changed, Inflation Edges Up

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EUR/USD is trading at 1.0689, up 0.0089.

Italy reported a trade surplus of €4.2 billion in November versus a 4.3 billion surplus in October.

On Monday, Italy's National Institute of Statistics (ISTAT) reported that year over year December CPI (Consumer Price Index) rose 0.5 percent versus a 0.1 percent rise a year ago. On the month December CPI rose 0.4 percent versus a 0.1 percent fall in November. Italy's Harmonized Index of Consumer Prices (HICP) rose 0.4 percent versus a 0.2 percent fall in November. Year over year Italian HICP rose 0.5 percent versus 0.1 percent year over year rise in November.

Posted-In: EUR/USD euroFutures Forex Markets

 

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