More German CPI - Brandenburg, Hesse and Bavaria

More German Preliminary CPI

To go along with the release out of Saxony.

Another piece of German preliminary CPI data coming through:

• German CPI - Brandenburg MoM: 0.4% v 0.0% previously
• German CPI - Brandenburg YoY: 2.2% v 2.2% previously

• German CPI - Hesse MoM: 0.4% v 0.0% previously
• German CPI - Hesse YoY: 1.8% v 2.2% previously

• German CPI - Bavaria MoM: 0.2% v 0.2% previously
• German CPI - Bavaria YoY: 2.2% v 2.4% previously

None are terrible numbers and EUR/USD continues to tick up.

As I said an hour or so ago, with the DXY rolling over technically, this is what's going to have more of an impact on EUR/USD retracing more of the Draghi drop:

I see the DXY just had another lurch down. Let me share my thoughts there.

***Late data adding edit***

• German CPI - North Rhine Westphalia MoM: 0.3% v 0.1% previously
• German CPI - North Rhine Westphalia YoY: 2.0% v 2.1% previously