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German inflation confirmed an acceleration. Harmonised CPI rose to 2.8% vs 2.4% a month earlier and 2.3% in March. This is positive news for the Euro, which is lagging behind the Pound and relatively weak against the Dollar, based on expectations of a looser ECB monetary policy against rivals. A fresh batch of data from […]

The post Accelerating German Inflation Supports Euro on the Downturn appeared first on Action Forex.

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23/07/2024

Big Tech Rebound Ahead of Earnings, Oil Slips

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