Bank of France's Villeroy is saying:
- I guarantee we will do what is needed for inflation to return to around 2% over time
- inflation hump should be temporary
- French inflation is to gradually diminish within a month
The EURUSD remains in a narrow trading range bug continues to hold the rising 100 hour moving average near 1.1404 currently. It is testing the falling 100 day moving average at 1.14221.
EURUSD is still mired within a narrow range between MAs
