Spain: Annual CPI at 2.1% in June

FXstreet.com (Barcelona) - According to data released today by the National Institute of Statistics, Spanish annual inflation rose 2.1% in June, following 1.7% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis CPI edged up 0.1% in June, down from 0.2% in May, slightly below expectations.

Year-over-year Spanish HICP rose 2.2% in June, following +1.8% in May. On a monthly basis HICP grew 0.1% in June, following a 0.1% increase in May. Both results are in line with projections.

EUR/GBP supported 0.8620

EUR/GBP has been quietly grinding lower in the shadows of the USD.
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AUD/USD pushes lower into European session

Having spent much of yesterday giving back its Post FOMC gains, AUD/USD looks to have stabilised overnight, finding support at the medium term uptrend from the weekly low at 0.9042.
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