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EMU: Annual CPI rises 1.8% in February, as expected

FXstreet.com (Barcelona) - According to data released today by Eurostat, Eurozone annual inflation rose 1.8% in February, following 2% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis Eurozone CPI climbed 0.4% in February, after sliding 1% in January, as expected.

Year-over-year Eurozone core CPI rose 1.3% in February, down from 1.8% in January.

Forex: USD/CHF trading at 0.9534/35 after CPI data in EMU

The USD/CHF has fallen in recent moments on the heels of economic data out of the EMU that was largely in like with projections Friday. The pair is now establishing session lows, though ultimately is still operating at a healthy margin above the 0.9400 mark. At the time of writing the cross is trading at 0.9434/35, down -0.39%.
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