OK, so the 'lower CPI' fun don't be done ... EUR/USD marked down on this
Eurozone inflation, March final: 1.3% y/y vs. the preliminary at 1.4%, prior 1.1%
- For the m/m its 1.0%
Core inflation 1.0% y/y, same as the flash and prior
EUR/USD off a few points only, the core is unchanged from the preliminary, only the headline that missed. Earlier on we got UK inflation lower than timates for March.
- GBP slipping further after the inflation report misses estimates
- UK data: March CPI 0.1% m/m (expected 0.3%)
