10:00 AM BST, Euro Zone - Producer Price Inflation index for June:
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YoY: 0.7%, forecast 1.2%, previosuly 1.9%
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MoM: -2,2%, forecast -1.8%, previosuly -1.6%
June’s wholesale inflation came in well below expectations, highlighting the intensifying disinflationary pressures in the Eurozone. However, EURUSD remains range-bound, as traders focus more on the upcoming ECB policy decision and the U.S. nonfarm payrolls report.
Source: xStation5
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