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Eurozone: Annual PPI increases 1.9%, as expected

On an annual basis Eurozone Producer Price Index rose 1.9% in January, following a 2.1% increase the previous month, Eurostat reported on Monday. This result is in line with forecasts.

Month-over-month Eurozone PPI jumped 0.6%, after declining 0.2% in December and slightly above expectations of 0.5% growth.

Forex: USD/CHF rises to 0.9335/40 after Eurozone PPI

The USD/CHF has edged higher during European trading Monday, as uneven data across the EMU has breathed life into the pair. With the pair firmly entrenched in positive territory, up +0.13% in these moments, the cross has found itself stabilizing in the 0.9335/40 region.
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Forex: EUR/USD returning to 1.3000 after EMU PPI

After the tumble below the 1.3000 mark, to as low as 1.2982, triggered by a disappointing EMU Sentix Investor Confidence figure for March, the EUR/USD is bouncing back to the 1.3000 psychological level after the release of PPI data.
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