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Germany’s annual harmonised consumer inflation meets forecasts at 2.1% in January

Germany’s January HICP inflation held at 2.1%, easing ECB pressure. With volatility dipping and rate-cut odds rising for July 2026, traders eye option selling as the euro stays subdued. – vtmarketsmy.com

UK average earnings (excluding bonuses) rose 4.2% year on year over three months, in line with market expectations

UK wages rose 4.2% to December, keeping inflation fears alive. With CPI at 3.1%, Bank of England rate cuts look delayed—boosting GBP, pressuring FTSE 250, and lifting short-sterling yields. – vtmarketsmy.com

UK average earnings, including bonuses, rose 4.2% over the three-month period, below the expected 4.6%

UK wage growth just missed expectations—4.2% vs 4.6%—hinting the labour market is cooling. That boosts odds of earlier Bank of England rate cuts, pressuring sterling, shifting SONIA lower, and raising equity volatility. – vtmarketsmy.com

ING analysts say the ECB’s expanded EUREP facility is boosting the euro’s global standing and lifting the upward bias in EUR/USD

ECB expands EUREP, boosting euro’s global role and lifting EUR demand. Markets see ECB tolerating a stronger euro unless it hurts inflation. EUR/USD holds 1.22–1.23; watch 1.25, exporters worry. – vtmarketsmy.com

EUR/USD holds below 1.1850 near its nine-day EMA as RSI at 53 signals mild upside consolidation

EUR/USD is stuck near key resistance, with neutral momentum hinting a breakout soon. Dollar strength pressures downside, but a close above resistance flips bullish. Options plays: puts, calls, or straddle. – vtmarketsmy.com

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