NZD/USD The dollar was generally higher at midday in Europe from its opening levels. It gained vs JPY, AUD, CAD and CHF while easing vs NZD and SEK. EUR/USD was largely unchanged. French CPI came in in line with expectations on a mom basis although the yoy change was slightly lower at 0.8% (0.9% expected, 0.8% previous). Italy’s CPI on the other hand was slightly higher than expected on a yoy basis, rising 0.7% whereas the market had expected it to come in at the preliminary figure of +0.6%
Reported by FXstreet.com 12 hours ago.
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