Latest data released by Destatis - 29 January 2018

  • Prior m/m +0.8%
  • Import price index y/y +1.1% vs +1.1% expected
  • Prior y/y +2.7%

A minor data point. The y/y reading continues to show a decline, but doesn't seem to have fed much into the month's inflation reading released earlier here.

EUR/USD now at 1.2418, recovering a little. EUR/CHF is at 1.1622, steady so far in the session.