Consumer prices in Germany increased to 1.7% YoY in March from 1.3% in previous month and in line with market forecasts, preliminary estimates showed. On a monthly basis, inflation dropped to 0.50 % from 0.7 %, also in line with forecasts.
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1730 level. Source: xStation5
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