German Sept Wholesale Price Index data now out 16 Oct

  • yy 3.4% vs 3.2% prev

Encouraging inflation news in the pipeline but a long way to go yet.

EURUSD not impressed and has other more pressing political concerns in Austria, Germany and Spain. Back down to 11798 from 1.1810 and 1.1820 earlier in Asia where there seems to be a line the sand developing.