EUR/USD Forex Signal: Ripe for a Brief Pullback

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EUR/USD Forex Signal: Ripe for a Brief Pullback
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This means that the labor market, while still hot, is cooling at a fast pace.

European’s inflation remains significantly higher than the ECB’s target of 2.0%. The most recent Eurostat data revealed that the headline inflation rose by 5.5% in June. Core inflation continued rising, with food prices rising by 11.7%. The next important catalyst for the EUR/USD pair will be the upcoming Italian consumer inflation data.

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