Germany: CPI rose 1.9% YoY in July

FXstreet.com (Edinburgh) -The advanced inflation figures in the German economy surpassed expectations for the month of July, rising 0.5% on a monthly basis and 1.9% over the last twelve month vs. 0.3% and 1.8%, respectively. The Harmonised CPI rose 0.4% inter-month and 1.9% on a yearly basis.

EUR/USD tests 1.3300

The EUR/USD pushed through the 1.3280 level and saw a quick spike toward a fresh 6-week high of 1.3300.
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EUR/GBP pushing 0.8680

EUR/GBP is continuing to tick up throughout the day and has reached a high of 0.8085.
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