German September import prices have come in at -0.9% m/m, -11.0% y/y, weaker than the median forecasts of -0.7%, -10.7% respectively.
EUR/USD has rallied further in early European trade, but has run into the aforementioned sell orders up at 1.4840/50.
We’ve been to 1.4840, back at 1.4825 presently.
