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Industrial production in Germany rose higher than expected
Industrial production in Germany rose higher than expected

Industrial production in Germany rose higher than expected

Risk appetite continues to grow in markets, fed by the news that the unemployment rate in the US rose to 3.7% and by the softer tone coming out of the Federal Reserve. The US dollar's weakening versus the euro after a technical correction will likely continue. This is facilitated by rather optimistic data on the movement of purchasing manager indices in the Eurozone and industrial production in Germany.

EUR/USD

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