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European Monetary Union Consumer Price Index (YoY) came in at 1.1%, above expectations (1%) in December

GBP/USD approaches 1.2300 post-UK data

The bid tone still prevails around the British Pound, now sending GBP/USD to fresh tops around 1.2280. GBP/USD stronger post-data, looks to FOMC The
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Eurozone Dec flash CPI rises above estimates in Dec

According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at 1.1% in Dec, higher than the consensus forecast of 1.0% an
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