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<blockquote data-quote="The Jilmart" data-source="post: 20973052" data-attributes="member: 557958"><p><span style="font-size: 18px"><span style="font-size: 18px"> </span></span></p><p><span style="font-size: 18px"><span style="font-size: 18px"><strong>7 min EUR CPI (YoY) (Nov) 0.6% 0.5% </strong></span></span></p><p><span style="font-size: 18px"><span style="font-size: 18px"></span></span></p><p><span style="font-size: 18px"><span style="font-size: 18px">"The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. </span></span></p><p><span style="font-size: 18px"><span style="font-size: 18px"></span></span></p><p><span style="font-size: 18px"><span style="font-size: 18px"><strong>A higher than expected reading should be taken as positive/bullish for t<strong>h</strong>e EUR</strong>, while a lower than expected reading should be taken as negative/bearish for the EUR."</span></span></p><p><span style="font-size: 18px"></span></p><p><span style="font-size: 18px">Dear Friends im new to this forex trading. above was extracted from <span style="font-size: 18px">Investing.com <span style="font-size: 18px">economic calendar.</span></span></span></p><p><span style="font-size: 18px"><span style="font-size: 18px"></span></span></p><p><span style="font-size: 18px">What I cannot understand is how increase in inflation caused to appreciate the currency.By theory if country's inflasion is higher their currency should depreciate. Then how this increase in CPI caused to bullish EUR or did i understand the sentence in a wrong way.</span></p><p><span style="font-size: 18px"></span></p><p><span style="font-size: 18px">Please Help. </span></p><p><span style="font-size: 18px"></span></p><p> <span style="font-size: 18px"></span></p></blockquote><p></p>
[QUOTE="The Jilmart, post: 20973052, member: 557958"] [SIZE="5"][SIZE="5"] [B]7 min EUR CPI (YoY) (Nov) 0.6% 0.5% [/B] "The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. [B]A higher than expected reading should be taken as positive/bullish for t[B]h[/B]e EUR[/B], while a lower than expected reading should be taken as negative/bearish for the EUR."[/SIZE] Dear Friends im new to this forex trading. above was extracted from [SIZE="5"]Investing.com [SIZE="5"]economic calendar.[/SIZE] [/SIZE] What I cannot understand is how increase in inflation caused to appreciate the currency.By theory if country's inflasion is higher their currency should depreciate. Then how this increase in CPI caused to bullish EUR or did i understand the sentence in a wrong way. Please Help. [/SIZE] [/QUOTE]
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