Tuesday, January 4, 2011

Will a Better Than Expected Euro-Zone CPI Estimate Keep the Bullish EURUSD Trend Intact?



Euro-Zone consumer prices estimate for the month of December is expected to rise an annualized 2.0 percent after climbing 1.9 percent in November. The reading is of particular importance due to the fact that inflation pressures lead the European Central Bank closer to raising the benchmark interest rate.



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