Inflation in Germany eased more than expected. Estimates show that Eurozone price pressures might fall from 2.2% to 1.9%. The US core PCE price index increased by 0.1% which is below estimates. The EUR/USD outlook shows a sudden, brief rally after German inflation data triggered a decline in ECB rate cut bets. Meanwhile, the dollar…
The post EUR/USD Outlook: German Inflation Data Spurs Brief Rally appeared first on Forex Crunch.
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