United States Import Price Index (YoY) below expectations (1%) in April: Actual (-0.2%)

United States Import Price Index (YoY) below expectations (1%) in April: Actual (-0.2%)
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EUR/USD hits fresh session lows, risks breaking below 1.1200 handle

• Disappointing German ZEW survey triggered the initial leg of downtick. • A modest pickup in the USD demand further accelerates the intraday slide.
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