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Strong consumer demand did not prevent inflation from softening

A new batch of statistics from the US once again reminds us of the Goldilocks story, when one can have fun and not pay the price for it.

USD bear run is overdone – ING

The Dollar plummeted after a softer-than-expected US CPI reading.

China s October annual Retail Sales jump 7 6%, Industrial Production rise 4 6%

China’s August Retail Sales, jump 7.6% YoY vs. 7.0% expected and 5.5% previous, the latest data published by the National Bureau of Statistics (NBS) showed Wednesday.

EUR/USD could nudge above 1 09 on disappointing US Retail Sales – SocGen

Following the US CPI data, EUR/USD powered above 1.08. Economists at Société Générale analyze the pair’s outlook.

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