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France CPI Oct final readings 15 Nov
– 0.0% flash
– yy +0.4% as exp/flash
– HICP mm 0.0% vs 0.1% exp/flash
– yy 0.5% as exp/flash
– CPI ex-tobacco index 100.37 vs 100.4 exp vs 100.35 prev
Slightly softer final HICP mm reading the only revision of note.

Currently 0.7555 having failed into 0.7570 again
Demand into 0.7530 keeps range contained for the moment.
Offers: 0.7585 0.7630 0.7685  
0.7570
0.7600
Bids:  

Currently 108.05 after its rapid USD-sell off to 107.84 from 108.34
107.50-108.50 covers it for the time being but it’s all a bit fragile out there. I prefer to play from the short side still but dip demand also notable.

Submitted by Richard Kemp (reitred Commander British Forces in Afghanistan) via The Gatestone Institute,

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US Dollar under pressure as European desks open up 15 Nov
Rapid move in USDJPY back down to 107.86 from 108.34 sees EURUSD up through 1.0770 and GBPUSD above 1.2490