European Monetary Union Producer Price Index (YoY) above forecasts (3.9%) in August: Actual (4.2%)

European Monetary Union Producer Price Index (YoY) above forecasts (3.9%) in August: Actual (4.2%)
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EUR/USD tumbles to 6-week lows, closer to 1.1500 mark

   •  Italy’s budgetary concerns continue to weigh on the common currency.    •  Resurgent USD demand further aggravates the selling pressure.    • 
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