Higher Euro Zone Inflation Unlikely to Signal Recession is Abating

30.04.2009 (09:08)

The Euro Zone Consumer Price Index is expected to show that the annual pace of inflation rose to 0.7% in April. However, it is far too early to say the rebound owes to a pickup in economic activity, and even more so premature to suppose that prices will continue to rise from here.

	Symbol	Bid	Ask
	EURUSD	1.32756	1.32763
	USDJPY	76.756	76.764
	GBPUSD	1.58940	1.58954
	USDCHF	0.91259	0.91269
	EURCHF	1.2114	1.2118
	GBPCHF	1.4503	1.4509
	AUDUSD	1.0830	1.0835
	USDCAD	0.9950	0.9951
	GOLD	1745.60	1746.60
2012.02.08 12:36:40 (GMT)