EUR/USD Trading Lower, French Household Consumption Improves

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EUR/USD is trading at 1.1176, down 0.0041. The pair is trading just above the lows of the day. Market chatter about money flows and headline news is making the rounds. France's INSEE reported that September CPI (Consumer Price Index) fell to minus 0.2 percent versus 0.3 percent in August. Year over year CPI was 0.4 percent versus 0.2 percent in August. The September Harmonized Index of Consumer Prices (HICP) declined to 0.2 percent versus 0.3 percent in August . Year over year HICP was 0.5 percent versus the reading of 0.4 in August. Household consumption in France improved by 0.7 percent on the month in August versus a 0.3 percent fall in July. It was the first rise since March. French Producer prices (PPI) were flat in August.
Posted In: FuturesForexMarketsEUR/USDeuro
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