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According to the Eurostat data released today: → Core CPI Flash Estimate (YoY): actual = 2.7%, expected = 2.7%, previous = 2.8%; → CPI Flash Estimate (YoY): actual = 1.8%, expected = 1.8%, previous = 2.2%. This news, coupled with yesterday’s statements from the Fed Chair, led to the EUR/USD rate dropping by over 1% […]

The post EUR/USD Rate Accelerates Decline Following European Inflation News appeared first on Action Forex.

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12/11/2024

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