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The latest gauge of Eurozone inflation has now been released. As covered here earlier, the markets were expecting this to fall to an annualised rate of 1.8%, from a prior reading of 2.2%. The rate has matched estimates. The core rate is in line too, at 2.7%. Now ahead of this report the EUR/USD had rebounded from an earlier test of 1.1100, to around 1.1120. However, just ahead of the release it had fallen to below 1.11, hitting a new session low at 1.1098. The reaction to this data has seen it not fall back further yet, as this outcome was probably priced in down here?
The final revision to the University of Michigan consumer sentiment index has actually seen all the readings revised a bit higher. Well quite a bit...
Any minute now the latest US university of Michigan consumer sentiment index will be released but this is the final reading so it might not have much...
Not that long ago Bitcoin managed to take out all the highs seen yesterday and earlier today and led it to press just above the 95k handle for the...
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