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Italy Wage Inflation (MoM) improves to 0.6% in January; 1.4% (YoY)

EUR/USD retraced back to 1.3740 area

EUR/USD found seller’s demand around 1.3750 and slid back losing 10 pips.
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BoE policymakers assure sudden rate hike not probable

Speaking ahead of the UK GDP data release on Wednesday, two BoE MPC members, David Miles and Spencer Dale told the BBC radio that the central bank was not planning to rise rates in the nearest future, despite the recent improvements in the UK economic situation.
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