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Euro Pushes Forward with Inflation

posted by Avatar forexcrunch 419 days ago in EUR, Inflation made popular 419 days ago

The first release of CPI figures for March show that prices are rising at an annual rate of 2.6%, significantly higher than 2.4% that was reported last month and that was expected now. This gives a lot of food for the hawks at the ECB. Will we see a 50 point hike next week? EUR/USD continues steadily up towards the one year high.
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