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Pound Euro (GBP/EUR) edged marginally higher in the afternoon session as mixed German CPI data weakened the euro (EUR).
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The euro is showing little movement on Wednesday. In the European session, EUR/USD is trading at 1.0777, up 0.05%. Eurozone inflation ticks lower Inflatio
BERLIN (Reuters) -German inflation eased slightly more than expected in March, helped by a drop in energy prices, preliminary data from the federal statistics office showed on Tuesday. German consumer prices, harmonised to compare with other European Union countries, had risen by 2.7% year-on-year in February. Looking ahead, headline inflation in Germany could drop to 2% as soon as next month, before rebounding somewhat in the months after, according to Brzeski.