Forex Trading News - German Wholesale Price Index

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August 11, 2008

The German Wholesale Price Index came in stronger than expected at 9.9%year over year versus the 9% survey and the 8.9% reading the prior month. The month over month readingalso came in higher 1.4% vs. the .5% survey.Although the number can be interpreted as inflationary the EUR/USD cross remains unchanged, trading on the 1.49 handle all session. More…
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