In case you missed it... 💶 $EURUSD flirts with 1.0850 👉 💰 $XAUUSD attempts a bounce after failing above $1,930 👉 📉 $ADA falls 4% as ignores new feature by mother company 👉 Forex Crypto
. In doing so, the Euro pair prepares for the top-tier statistics from Eurozone and the United States.
On Wednesday, European Central Bank policymaker and Bundesbank Chief Joachim Nagel said, “interest rates must rise further,” adding that it is “too early to say how far.” On the same line, German Chancellor Olaf Scholz said on Wednesday, “We cannot carry on with 0% interest Talking about the data, the Eurozone Producer Price Index declines to -1.5% YoY for May versus -1.3% expected and 0.9% prior whereas the monthly readings came in as -1.9% for the said month compared to -1.8% expected and -3.2% previous readings.
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