XE Marketing Analysis: Euro Rallies on Stronger Inflation

OVERVIEW US Q1 GDP growth was just 0.7% year-over-year, the weakest pace in three years. Eurozone inflation rose at a faster than expected pace in April and core CPI rose to a 3-year high. UK GDP growth came in below expectations at 0.3% quarter-over-quarter. Japanese consumer price inflation rose at an annual pace of just 0.2% in March and household spending fell 2%. Canadian GDP was flat in February as expected after surging in January. HIGHLIGHT

Source: XE news feed
XE Marketing Analysis: Euro Rallies on Stronger Inflation