Reaction of buying euros January Eurozone consumer prices accelerate unexpected growth
January Eurozone consumer price index was + 5.1% year-on-year, well above the forecast + 4.4%. It was + 5.0% in December. The reaction to buying the euro is spreading in response to the unexpected acceleration of growth. Eurodollar jumped from around 1.1280 to the 1.1305 level. The Euroyen had fallen to around 129.05, but has […]