EUR/USD Trading Higher, Core CPI Improves

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EUR/USD is trading at 1.1140, up 0.0035. The pair is trading just under the session highs. Market talk about European headline news is making the rounds. The overnight trading range is moderate. Eurostat reported the final reading for Core CPI (core consumer prices) in June was 0.9 percent versus 0.8 percent in May. Year over year CPI in June was 0.1 percent following a negative 0.1 percent reading in May. On the month CPI increased 0.2 percent versus a 0.4 level in May.

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