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Forex Fundamental Analysis: The euro is again under pressure

Forex Fundamental Analysis: The euro is again under pressure

The euro is again under pressure

03 December 2014, EUR/USD

Euro

The Euro zone economic data did not show good results, but it did not prevent the dollar from growing against the euro at the end of the trading day. The Eurozone producer price index (PPI) for October is expected to be in the negative dynamics for month, -0.3% m/m vs. + 0.2% m/m in September and with a slight improvement for year, -1.3% y/y after the earlier-1.4% y/y. The inflation topic is now the most important for the European bloc and the indicator results can cause the volatility spike on the market.

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