France November preliminary CPI +3.4% vs +3.7% y/y expeceted ...Middle East

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France November preliminary CPI +3.4% vs +3.7% y/y expeceted
Prior +4.0%HICP +3.8% vs +4.1% y/y expectedPrior +4.5%Softer inflation figures and a revision lower to reflect a contraction in the economy in Q3. Put together, that is pinning the euro down with EUR/USD easing a touch to 1.0941 on the day, down 0.2% currently. This article was written by Justin Low at www.forexlive.com.

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