More German regional inflation data now out

  • yy +0.3% vs -0.1% prev
  • Hesse mm +0.8% vs +0.5% prev
  • yy +0.1% vs -0.3% prev
  • Brandenburg mm+0.9% vs +0.2% prev
  • yy 0.0% vs -0.4%

All showing stronger with NRW still to come ahead of the whole of Germany at 12,00GMT. All adding up to support the euro.

EURUSD currently 1.1325 after posting session highs of 1.1330. Offers into 1.1340 with buy stops above.