First of the German regional inflation releases for April
- yy +0.1% vs +0.3% prev
Softer data setting the tone as we wait on more regionals ahead of the Germany composite reading at 12.00 GMT
Euro knocked back further on EURJPY supply and this data. EURUSD now 1.1340 from 1.1365 highs with EURJPY testing 122.70 demand/support.