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Forex News / Euro Zone Consumer Prices to Shrink representing Second Month, Boosting Deflation Risk (Euro Open)

31.07.2009

Euro Zone Consumer Prices to Shrink representing Second Month, Boosting Deflation Risk (Euro Open)

Forex News /

The Euro may perceive selling force appear in the coming sitting as the Euro Zone Consumer Price Index shows that inflation cut representing the succeeding consecutive month in July, stoking risks of deflation that could intrust the currency bloc to a long-term interval of pecuniary stagnation.



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