Stronger than median forecasts of +0.6%, +1.9% respectively.
Oh-eh. Stronger than expected inflationary pressures. Must mean another early ECB rate hike. Well, that’s what some will be thinking. EUR/USD tacks on a few pips, presently at 1.4490.
Talk of sell orders clustered 1.4500/20. Where are the buy stops? Answers on a postcard……