Tuesday, 22 October 2024

Weak German PPI Send the Euro Back Down

by BD Banks

Market picture The German Producer Price Index fell more than expected, preventing the EURUSD from extending the rebound seen at the end of last week. Producer prices in Europe’s largest economy fell 0.5% in September (-0.2% expected), accelerating the annual decline to 1.4% (-0.8% expected) from 0.8% in the previous month. The negative annual growth […]

The post Weak German PPI Send the Euro Back Down appeared first on Action Forex.

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