Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
Prior +2.3%HICP +2.5% vs +2.3% y/y expectedPrior +2.4%The main thing to watch is core annual inflation and that is seen at 2.7%, a step up from the 2.6% reading in January. The trend for core prices is looking rather dicey for Spain as it is moving upwards since the middle of last year (graph below). And besides Germany, this remains another spot in which price pressures are keeping the ECB on their toes for now.The data here won’t be one to compel the ECB to move away from the sidelines any time soon. Now, let’s watch for German state readings to see what that has to offer later in the day. EUR/USD is up 0.2% to 1.1818 currently, with the dollar slightly softer to start the session.
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
Core inflation in Spain just ticked up to 2.7%, and here’s why that matters: This increase is more than just a number; it signals potential tightening from the ECB if inflation continues to rise. Traders should be on alert for how this could impact the euro against major currencies, especially if the ECB feels pressured to act sooner than expected. The upward trend in core prices since mid-January suggests that inflationary pressures are not just temporary, which could lead to volatility in forex markets. Keep an eye on the EUR/USD pair; a break above recent resistance levels could trigger further bullish momentum. But there’s a flip side: if the ECB maintains a wait-and-see approach, we might see a short-term pullback in the euro as traders recalibrate their expectations. Watch for upcoming economic data releases that could either reinforce or challenge this inflation narrative. The real story is how these inflation figures will influence market sentiment in the coming weeks, especially with the next ECB meeting on the horizon.
📮 Takeaway
Monitor the EUR/USD pair closely; a break above resistance could signal bullish momentum as inflation pressures mount.
