◂ Event Timeline

Apr 30, 2024REPORTEurozone

Eurozone Preliminary HICP inflation steadies at 2.4% YoY in April, as expected

Eurozone preliminary HICP inflation held at 2.4% year-on-year in April, matching March and in line with forecasts. Core inflation fell to 2.7% but still beat the 2.6% expectation, and the euro traded near 1.0721.

WHY IT MATTERS

Inflation data in line with expectations keeps the ECB's June cut on track, which leaves the euro's direction against the dollar unchanged for European feed import costs.

AFFECTSEuro (USD per EUR)◆

SOURCE
fxstreet.comApr 30, 2024

Price reaction & history

Euro (USD per EUR)◆neutralSO FAR1d -0.3%5d +0.6%20d +1.5%

After 54 past report events, Euro (USD per EUR) moved a median +0.1% over 5 sessions (59% higher; middle half -0.4% to +0.8%), and +0.1% over 20.

Oct 1, 2023ECB staff macroeconomic projections for the euro area, September 2023+0.1%
Jun 24, 2021Economic Bulletin Issue 4, 2021-0.9%
Mar 21, 2019Economic Bulletin Issue 2, 2019-0.9%
Nov 22, 2021The Fed - Foreign Exchange Rates - H.10 - November 22, 2021-0.5%
Oct 6, 2025Federal Reserve Board - Foreign Exchange Rates - H.10 - October 06, 2025-1.1%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Euro (USD per EUR) EURUSD · GP ▸

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