60min update on usd/chf chart
Econ Data (GE, Jul): Producer Prices MoM/YoY out at 2.0%/8.9% vs 0.7%/7.5% exp. Prior 0.9%/6.7percent
Ought to Be favorable for EUR/USD
Changes in the PPI are widely followed as an indior of commodity inflation. A high reading is seen as favorable (or bullish) for your EUR
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market before numbers 12.30 GMT - buy the drops after...