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The euro may be vulnerable
The euro may be vulnerable

The euro may be vulnerable

The Eurozone and Germany saw inflation slow somewhat. However, data for the producer price index, an area that has been seeing record-high price pressure, will be released today. The indicator is expected to drop slightly, which could lead to expectations that the ECB will begin to raise its interest rate more slowly than it is currently doing. That won't be good news for the euro.


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