EUR/USD was falling during the Wednesday’s trading session. The currency pair made a short-lived attempt to rally on the back of slowing US inflation but quickly resumed its decline.
CPI rose 0.1% in May, in line with expectations, after rising 0.3% in April. (Event A on the chart.)
US crude oil inventories increased by 2.2 million barrels last week instead of falling...
EUR/USD Sinks Despite Slowing US Consumer Inflation
* This article was originally published here
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