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  • Euro area annual inflation up to 0.7%

    From europa.eu Story is in PDF Format

    Euro area1 annual inflation2 is expected to be 0.7% in April 2014, up from 0.5% in March3, according to a flash estimate4 from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in April (1.6%, compared with 1.1% in March), followed by food, alcohol & tobacco (0.7%, compared with 1.0% in March), non-energy industrial goods (0.1%, compared with 0.2% in March) and energy (-1.2%, compared with -2.1% in March).

  • #1
  • Quote
  • Apr 30, 2014 5:07am Apr 30, 2014 5:07am
Europe is pushing the CPI to not be much worse. We will see how the market will react, but I think that this is not the real results. Perhaps this reaction is going to pick up the S / L?
  • #2
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  • Apr 30, 2014 5:08am Apr 30, 2014 5:08am
Lol why is this considered good? Nothing like getting excited over poor data. ECB won't do anything, so bring on the .4 percent growth! Exciting!
When the facts change I change my mind, what do you do sir
  • #3
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  • Apr 30, 2014 5:08am Apr 30, 2014 5:08am
EUR/USD go down.
  • #4
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  • Apr 30, 2014 5:09am Apr 30, 2014 5:09am
Better than previous.. buy dip continue...
  • #5
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  • Apr 30, 2014 5:12am Apr 30, 2014 5:12am
Quoting k3nshinz3139
Better than previous.. buy dip continue...
but worst than expected....The news are not good
  • #6
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  • Apr 30, 2014 5:12am Apr 30, 2014 5:12am
Awaiting for fomc then above 1.4xxx
  • #7
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  • Apr 30, 2014 5:13am Apr 30, 2014 5:13am
  •  Trader#627B
  • | Status: Unregistered Trader
EURO CPI is less than forecast.... So AUD is going down.. next USD news will be negative then EUR will go up..
  • #8
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  • Apr 30, 2014 5:13am Apr 30, 2014 5:13am
Don't hurry yet guys.
US data to come and most important FOMC
  • #9
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  • Apr 30, 2014 5:14am Apr 30, 2014 5:14am
well done ecb,,,inflation up although below forecast, but better than previous
  • #10
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  • Apr 30, 2014 5:14am Apr 30, 2014 5:14am
always trend is your friend, and trend is UP
so do not bet on retraces, go with trend
viva Bulls
  • #11
  • Quote
  • Apr 30, 2014 5:14am Apr 30, 2014 5:14am
  •  Trader#44D0
  • | Status: Unregistered Trader
number was 1,00% not 0.7%
  • #12
  • Quote
  • Apr 30, 2014 5:14am Apr 30, 2014 5:14am
Lol yes, let's get excited over poor data. You didn't get a F, just a D- let's celebrate!
When the facts change I change my mind, what do you do sir
  • #13
  • Quote
  • Apr 30, 2014 5:16am Apr 30, 2014 5:16am
Quoting Marsfx
but worst than expected....The news are not good
Worst than forecast.. but still rising.. Normally the market will wait for few minutes to show you the real move
  • #14
  • Quote
  • Apr 30, 2014 5:20am Apr 30, 2014 5:20am
  •  Trader#CD91
  • | Status: Unregistered Trader
Bears sound so upset they're gonna short again. Yippeee!!!
  • #15
  • Quote
  • Apr 30, 2014 5:22am Apr 30, 2014 5:22am
Quoting k3nshinz3139
Worst than forecast.. but still rising.. Normally the market will wait for few minutes to show you the real move
They will take euro up...No matter what... The Financial Institutions need FREE MONEY. Now that USA is stopping QE they must force EU into QE....
  • #16
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  • Apr 30, 2014 5:22am Apr 30, 2014 5:22am
  •  Trader#B6EF
  • | Status: Unregistered Trader
Y data not good EUR/USD up like this?
  • #17
  • Quote
  • Apr 30, 2014 5:23am Apr 30, 2014 5:23am
Quoting Marsfx
They will take euro up...No matter what... The Financial Institutions need FREE MONEY. Now that USA is stopping QE they must force EU into QE....
corect
  • #18
  • Quote
  • Apr 30, 2014 5:24am Apr 30, 2014 5:24am
Quoting k3nshinz3139
Worst than forecast.. but still rising.. Normally the market will wait for few minutes to show you the real move
That is not most of the times good just because you should consider that the forecast is already priced in... is a forecast!!
  • #19
  • Quote
  • Apr 30, 2014 5:28am Apr 30, 2014 5:28am
Wait for Draghi, next ECB meeting he will drop a bomb!
Everyone expects that he says "well anchored,bla, bla, bla...",
and this time he will change sides as he usually does, always doing the opposit what people expect! LOL
  • #20
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  • Apr 30, 2014 5:35am Apr 30, 2014 5:35am
growth is growth right. something is better than nothing
  • #21
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  • Edited 5:50am Apr 30, 2014 5:38am | Edited 5:50am
Nowadays making money from FX is really easy, just wait for EUR below RSI 30 and long it, almost 90% make profit. No need to care about any news or data, Mr Doghi will just pump it up for you.

Hahaha....
  • #22
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  • Apr 30, 2014 5:40am Apr 30, 2014 5:40am
And yes the forecast and actual value were due to easter not that europe ir renewing from doing nothing. The only measures europe undertakes to raise prices is to tax more the consumers for their daily products lol not that their confidence is growing is just that they need to eat and that is a surprise seeing the wages on the south some people may even think they don't.
  • #23
  • Quote
  • Apr 30, 2014 6:13am Apr 30, 2014 6:13am
Quoting ps3
well done ecb,,,inflation up although below forecast, but better than previous
yeh, go eurusd go, i am with u, no more down, only up, up & up
  • #24
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  • Apr 30, 2014 6:30am Apr 30, 2014 6:30am
Excuse me, I do not understand why a negative news on the EURJPY cross the chart increased when the news on the EUR is negative, the ratio is expected to fall EURJPY. Thank you.
  • #25
  • Quote
  • Apr 30, 2014 6:57am Apr 30, 2014 6:57am
Quoting blurstar
Nowadays making money from FX is really easy, just wait for EUR below RSI 30 and long it, almost 90% make profit. No need to care about any news or data, Mr Doghi will just pump it up for you.

Hahaha....
You got that right..... if you long eur/usd, you'll never drown because Doghi will always come to the rescue....
  • #26
  • Quote
  • Apr 30, 2014 6:57am Apr 30, 2014 6:57am
Quoting zerokool
Excuse me, I do not understand why a negative news on the EURJPY cross the chart increased when the news on the EUR is negative, the ratio is expected to fall EURJPY. Thank you.
yeah worse than expected but better than previous the market is just pricing in. The best thing to do most times is just to go with the flow and now the flow says up
  • #27
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  • Apr 30, 2014 7:19am Apr 30, 2014 7:19am
most likely reason its going up is because the market knows ECB will still not take any action off the back of a near miss. Until ECB take action or threaten imminent action EUR will only be supported
  • #28
  • Quote
  • Apr 30, 2014 8:53am Apr 30, 2014 8:53am
Quoting Marsfx
They will take euro up...No matter what... The Financial Institutions need FREE MONEY. Now that USA is stopping QE they must force EU into QE....
Interesting take on things.

By any stretch of the imagination, it won't be the first time financial institutions have forced their hand.
Come with me if you want to live....
  • #29
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  • Apr 30, 2014 8:58am Apr 30, 2014 8:58am
And seeing as yellen has made it clear they are now recognising the TRUE structure of the US jobs market is not very strong despite the fall in "official" unemployment figures and so is not relying on it so much for policy direction, the NFP may well have fck all medium/longer term affect.
Come with me if you want to live....
  • #30
  • Quote
  • Apr 30, 2014 9:04am Apr 30, 2014 9:04am
  •  Trader#CDAB
  • | Status: Unregistered Trader
Nothing will happen, tomorrow job report WILL be more then 207000+,
so.. chill!!!
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