EUR/USD Trading Higher, Italy's CPI Rises

EUR/USD is trading at 1.0598, up 0.0015. Italy's National Institute of Statistics (ISTAT) reported that February CPI (Consumer Price Index) rose 0.3 percent versus a rise of 0.3 percent in January. Year over year Italy's CPI rose 1.5 percent versus a rise of 1 percent in January. The Harmonized Index of Consumer Prices (HICP) in Italy rose 0.2 percent in February versus a fall of 1.7 percent January. Year over year Italy's HICP rose 1.6 percent versus 1 percent rise January.