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Forex News / Euro in Focus as German Producer Prices Stoke Deflation Expectations (Euro Open)

19.06.2009

Euro in Focus as German Producer Prices Stoke Deflation Expectations (Euro Open)

Forex News /

The Euro may perceive selling force in overnight trading with German Producer Prices set down to descend -3.6% in the year to May, the largest decline in 22 years, stoking expectations that the Euro Zone’s largest economy desire aid draw the currency bloc into deflation, containing pecuniary growth.


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