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EUR/USD: Euro rallies as German inflation falls to lowest levels since before Ukraine War

German HICP inflation declined sharply in September Italian-German 10-year yield spread tested 200 bps Dollar profit-taking begins after softer personal consumption data The king dollar trade has run out of steam. It took cooling German inflation and a global bond market selloff that attracted foreign investment back into Europe. The surge in European bond yields […]...
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Posted: Sep 28 2023, 16:15
Author Name: marketpulse
Views: 083158