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Tuesday, November 18, 2014
US PPI up in October
Producer prices in the US accelerated to 0.2% in October. A negative growth was expected after the contraction in prices in September.
An in depth breakdown is available in the the
producer price index (PPI) report
.
As stated in my previous post regarding the German ZEW sentiment, it is reasons like this that make EUR/USD very risky for a long position.
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