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    Thread: Forex - Euro rises after German inflation data

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      Default Forex - Euro rises after German inflation data

      The euro rose 11-04-2019 as European stock markets mixed in pre-market trading on Thursday after the EU gave the UK an extension to leave the bloc until October 31.

      However, UK Prime Minister Theresa May said that the UK could still leave the EU on June 1 if the withdrawal agreement was accepted in the first three weeks of May.

      The FTSE 100 was down 0.26% at 7:52 CET.
      The DAX index was steady at the same time.
      The CAC 40 index rose 0.28% at 7:53 CET.
      In other news, investors also followed German inflation figures ahead of the opening bell. Where the German statistical office issued a statement on the German consumer price index for the final month of March on Thursday

      The German consumer price index for March rose by 0.4% a month.
      The German consumer price index for March rose 1.3% year-on-year.
      †After the data, the euro changed slightly against the major currencies.

      Euro Trading
      The Euro was up against the Yen, with EURJPY trading at 125.30.
      EURCHF stabilized to trade EUR / CHF at 1.1304.
      The euro recorded gains against the British currency as the euro shed a pound at 0.8613.
      The euro rose against the dollar to 1.1283 levels around 09:02 CET


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