Currency AnalystIlya
Ilya Spivak
Euro May Face Headwinds Ahead of 1.50 as Producer Prices
Highlight Deflation Threat
The Euro may face strong resistance as prices
inch towards the key 1.50 level against the
US Dollar with September’s Producer Prices
data likely to show the single currency’s
appreciation has helped stoke deflationary
pressure, threatening stronger action from the ECB.
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