9:10 AM · 29 August 2024

BREAKING: Germany regional data suggest lower CPI readings ahead; EURUESD dips 📌

The EURUSD pair is losing ground following the publication of CPI data from the German states. The monthly figures point to a strong fall in inflation and ongoing macroeconomic problems in one of the world's major economies.

Although we do not yet know the data from all states, the trend is already apparent. EURUSD is losing heavily after publication.

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Chart of the Day: EURUSD Under Pressure from the Dollar. Bessent, PCE and Jackson Hole to Determine the Next Direction

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