The Euro was little changed versus the US Dollar as energy prices drove inflation rate to negative, with core inflation holding at 0.9%
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The Euro was little changed versus the US Dollar after the German unemployment numbers, as the market awaits CPI data. The Australian Dollar showed tepid reaction against its US counterpart as Chinese consumer sentiment reaches highest level since May 2014. The British Pound looks likely to continue to lower against the US Dollar after prices pierced support at September&rsquos swing bottom. The Japanese Yen stood firm against the US Dollar as the former absorbed weak industrial production and retail sales reports this morning. Markets are on edge ahead of a heavy week of data but with a more-hawkish Fed, how much positivity can be expected? The Euro was little changed versus the US Dollar after today’s selling prices expectations held an overall good sentiment report. |
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