Price indices, however, eased in Italy and Germany, but ramped up in France. The FX market took little notice, but Bunds eased on the French prices release. French Finance Minister Laurent Fabius repeated that he had every confidence in the euro, highlighting the euro zone's strong economic fundamentals, but the market paid little attention. It fell back to 1.6320-25 on the soft NAPM data. Talk of exporters at those levels.
Dealers report very little going through, with few direct calls.
The market's are becoming more divided on which way this pair is going. 100.80 capped on the euro rebound. Sterling was soft versus the dollar all morning. Cable managed to regain 1.5140 in late trade, while the cross saw 0.9290 again on the euro's late rebound. German buying took it back to 0.6005.