Trading news

Expert's opinion from FXFinPro

Deflation in the euro area will lead to the fall of the euro

Today has been published preliminary data on consumer price inflation in the euro area, which in February unexpectedly fell to -0.2% vs. predicted 0.0% and 0.3% in January. It should be noted that core inflation was also below the forecast of 0.9% and totaled only 0.7%. Considering the future of the ECB meeting on March 10 which will probably decide on additional measures to stimulate inflation and the euro area economy as a whole, we expect a drop in euro prices with potential targets at 1.0800, 1.0700 and 1.0550. The increase in the near future is possible only within the correction.

More detailed analytics you can see at our site


Monday, 29 Feb, 2016 / 2:38

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


GBPUSD On Track To Settle Above 1.3700

The British pound sterling continues to keep a bullish hold. After failing to [...]

Posted on Friday, 22 Jan, 2021 / 12:08 under

Crude Holds Near Highs

The crude market saw a much quieter period of trading this week. Price [...]

Posted on Friday, 22 Jan, 2021 / 12:07 under

Biden To Push Through Stimulus Aid

Greenback Fades as Bears Take Control The US index dropped towards the 90 [...]

Posted on Friday, 22 Jan, 2021 / 12:06 under