Interest Rates

Another dumb newbie question :rolleyes:

I have backed off on placing trades at present in order to sit back and watch and learn.

A notice came through that says…

As Expected Euro Zone Inflation flash y/y December % Act: 0.9 Fcst:0.9 Prior: 0.5 EURUSD 1.4432 GBPUSD 1.6050 USDJPY 91.85

So, my question…

The inflation went up…so what affect will this have on the strength of the Euro?

These tips are no good to me if I don’t understand the implications :frowning:

None!

Because all currencies are getting inflated and the bubbles who are responsible for price increases are global.