Euro is stable on positive data

The European currency continues to respond to all data, relating to the launched process of collapse of the EU. Negative impact on the mood of traders yesterday made the words of British political elite, that Article 50 of the Lisbon Treaty may be initiated only after early elections, which are to be held at the end of the following spring.
In the morning, the euro was supported by the national statistics. As it became known, the number of applications for unemployment benefits in Germany in June decreased, suggesting that the labor market of the lead engine of the EU remains the strongest among the euro area countries. The number of applications fell by 6K per month in June. It is surprising that the level of employment in Germany, practically does not affect the influx of migrants. I think, that a million refugees who are now in the country are at risk of overshadow the statistics later this year. Even more interest yesterday was caused by the statistics of the consumer price index in the euro zone. Contrary to expectations, the inflation pressure within the currency bloc rose to 0.1% compared to the previous -0.1% in May.
Given that the indicator managed to escape from a deflationary zone, market participants prefer to defer speculations about expansion of economic incentives by the European regulator. It is worth noting that buying euros still involve great risk. Traders are only discussing the negative consequences that will face the EU. Very soon, these discussions will appear in the statistics, and then the correction of the European currency would not be avoided.
On Friday trading on the foreign exchange market are relatively quiet. The euro strengthened against the dollar to 1.1143. The growth could continue to 1.1170/80.