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Switzerland: Producer and Import Prices grow 0.2% in April

FXstreet.com (Barcelona) - Swiss Producer and Import Prices rose by 0.2% in April, after remaining unchanged in March, the Federal Statistical Office reported today. Market consensus pointed to a 0.1% drop.

On an annual basis Producer and Import Prices fell 0.1%, up from +0.3% regisitered the previous month and almost in line with expectations of -0.2%.

Forex: GBP/USD testing the 1.5200 barrier

The GBP/USD has continued its intraweek decline Wednesday, edging lower during European trading Wednesday as the pair recently bottomed out and is testing the 1.5200 level in these moments. At this juncture, the cross is incurring a loss of -0.02% ahead of several key indicators later in the United Kingdom.
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Forex Flash: Chinese Premier acknowledges limited room for policy easing - Nomura

Nomura economist Zhiwei Zhang notes that Premier Li said in a State Council meeting that the government cannot rely on expansionary policy to achieve its growth target as room for policy easing is limited, according to the Shanghai Securities Journal today.
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