EUR/USD clings to 1.2450 post-data

The euro is now looking to bounce off recent lows after the CPI results in the euro area, lifting EUR/USD back to the mind-1.2400s...
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EUR inflation in focus as expectations set to fall further – BTMU

Derek Halpenny, European Head of Currency Strategy at the Bank of Tokyo Mitsubishi UFJ, notes that inflation is in focus again in Europe as the recent fall in energy prices is seen to be a major drag on the overall inflation.
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