Jenna Sinclair
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EUR/USD DIPS AS GERMAN INFLATION FALLS, ECB RATE CUT LOOMS
German HICP inflation falls to 2%, increasing the likelihood of further ECB rate cuts and downward revisions to growth forecasts.ECB expected to lower rates by 25 bps while maintaining a restrictive policy stance to combat inflation risks.US CPI data could influence Fed rate expectations, with a 70%
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EUR/USD: EXPORTS FORECAST TO DECLINE IN MOST GERMAN INDUSTRIES
ScenarioTimeframeWeeklyRecommendationBUY STOPEntry Point1.0990Take Profit1.1150Stop Loss1.0920Key Levels1.0690, 1.0880, 1.0990, 1.1150Alternative scenarioRecommendationSELL STOPEntry Point1.0880Take Profit1.0690Stop Loss1.0960Key Levels1.0690, 1.0880, 1.0990, 1.1150Current trend Against poor macroec

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Weak German vs healthy US
Germany data German inflation is slowing more than expected. According to a preliminary estimate from Destatis, the consumer price index fell 0.1% in August, and annual inflation slowed to 1.9%, compared to 2.3% in the previous month and the 2.1% expected. Germany released state-specific data later
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