RSS US CPI sets to drive EUR/USD for downside breakout

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 RSS US CPI sets to drive EUR/USD for downside breakout

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The spotlight today is firmly on the release of US CPI data for November. Expectations are for headline inflation to tick up from 2.6% to 2.7%, continuing its rebound from the September low of 2.4%. Meanwhile, core CPI is forecast to hold steady at 3.3%, staying in the 3.2%-3.2% range it has maintained since June. […]

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