The EUR/USD pair could come under pressure
According to preliminary estimates, inflation in Germany, the Eurozone's leading economy, is falling faster than analysts had predicted. In April, consumer price growth slowed from 0.8% to 0.4%. Today, Eurozone inflation figures will be released. If consumer price figures for the currency union also reflect a slowdown, the ECB could put its rate hike cycle on pause. This could cause the EUR/USD pair to drop.
Why to trade with Libertex?
- access to a demo account free of charge
- technical assistance to the operator 5 days a week, 24 hours a day
- leverage up to 1:500
- operate on a platform for any device: Libertex and Metatrader 4 and 5
- no commissions for extractions in Latin America
Experience the excitement of trading!
Try our risk-free demo account
