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The euro has extended its decline on Thursday. In the European session, EUR/USD is trading at 1.1095 at the time of writing, down 0.22% on the day. The US dollar has rebounded against the euro this week, climbing 0.89%. German and eurozone inflation expected to ease in August Inflation is expected to ease in Germany […]

The post EUR/USD – ECB Keeping Close Tabs on German, Eurozone CPI appeared first on Action Forex.

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24/05/2024

Waning Reflation Appetite?

The week hasn’t been pleasant for the market bulls. On Wednesday, the FOMC minutes showed the disturbing truth that ‘many’ Fed members wondered whether keeping the rates ‘high for longer’ was sufficiently restrictive to tame inflation, and if hiking the rates wouldn’t be a better idea. Then, the UK PM Sunak announced a general election […]
28/12/2023

Japanese Yen Keeps on Rolling

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19/12/2023

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