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Germany Import Price Index (YoY) in line with expectations (-3.1%) in August

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Germany Import Price Index (MoM) meets expectations (-1.5%) in August

Germany Import Price Index (MoM) meets expectations (-1.5%) in August
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Euro: Set to bounce before the ECB – SocGen

Research Team at Societe Generale, suggest that there are several factors suggesting that the next three weeks could offer the opportunity to trade a EUR/USD tactical rebound towards 1.14-1.15. The technical picture is asymmetrical on the bullish side, Eurozone PMIs are resilient, the dovish ECB is certainly discounted, the risk of a US government shutdown won’t help the dollar, and the EM sell off is prompting investors to put cash in safe currencies.
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