EUR/USD grinding lower to 1.1430

EUR/USD continues to give away part of Tuesday’s gains, now returning to the area of 1.1430, or session lows...
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US CPI moving closer to negative readings, PCE to follow suit – BNPP

Alexandra Estiot of BNP Paribas notes that US inflation is decelerating, and the massive drop in oil prices makes a negative-reading in the year-on-year development of the CPO almost unavoidable.
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