BREAKING: Germany preliminary CPI higher than expected 📌

HICP YoY Prelim Actual 2.4% (Forecast 2.1%, Previous 1.8%)
CPI YoY Prelim Actual 2% (Forecast 1.8%, Previous 1.6%)

EURUSD is attempting to rebound after the release of Germany's CPI data. The figures came in slightly above expectations but remain relatively low compared to U.S. inflation.

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Economic calendar: Markets await the most important data: US CPI in focus 🍳

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