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EUR/USD: Trading the Eurozone CPI Flash Estimate
Eurozone CPI Flash Estimate is an inflation index which measures the change in the price of goods and services charged to consumers. A reading which is higher than the market forecast is bullish for the euro. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Friday at 10:00 GMT. Indicator Background Analysts consider CPI one of the most important economic indicators, and the release of Eurozone CPI can have a major impact on the direction of EUR/USD. Eurozone CPI has been steady, posting two straight readings of 0.3%, both of which matched expectations. The markets are not expecting much ... (full story)