France November preliminary CPI +3.4% vs +3.7% y/y expected

<ul><li>Prior +4.0%</li><li>HICP +3.8% vs +4.1% y/y expected</li><li>Prior +4.5%</li></ul><p>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.</p>

This article was written by Justin Low at www.forexlive.com.