- CPI month-on-month 0.1 % as expected
- Year-on-year 0.4 % vs 0.3 % f/c
- EUR/USD unchanged despite the slightly higher YoY figure
- Still decent offers ahead of the 1.30 level
- Market is now waiting for the FOMC later today
- Should Yellen disappoint USD bulls, break above 1.30 likely and daily close above the big figure likely to trigger further short covering
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