FRCPI
  • Prior +4.0%
  • HICP +3.8% vs +4.1% y/y expected
  • Prior +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.