EMU: Annual CPI at 0.8% in February

According to preliminary data released today by Eurostat, Eurozone annual inflation edged up 0.8% in February, following 0.8% growth registered the previous month. Analysts expected slightly less increase of 0.7%. Year-over-year CPI-Core rose 1.0%, up from 0.8%.
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EUR/USD through 1.3800 on EMU data

The single currency is rapidly appreciating against the greenback on Friday, lifting the EUR/USD beyond the critical barrier at 1.3800....
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