Italian PPI June -0.2% mm vs +0.2% prev

Softer Italian PPI following on from earlier
French data
– yy -2.3% vs -1.9% prev
Meanwhile the draw of the helps see EURUSD up to 1.0989
1.1000 expiry
EURGBP 0.7045 from 0.7057 in what has been another month-end buying gift. Don’t say you weren’t told!

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