PPI rises in Germany meaning stronger EUR/USD
By Yaser Anwar, CSC of Equity Investment Ideas
Bloomberg reports, Producer price inflation in Germany, Europe's largest economy, last month accelerated to the fastest pace in 24 years, strengthening the argument for higher interest rates at the European Central Bank. This will lead to stronger EUR/USD connection Goods from plastics to newsprint were 6.2 percent more expensive in May than a year earlier, compared with 6.1 percent more in April, the Federal Statistics Office in Wiesbaden said today.
http://www.equityinvestmentideas.blogspot.com/
Bloomberg reports, Producer price inflation in Germany, Europe's largest economy, last month accelerated to the fastest pace in 24 years, strengthening the argument for higher interest rates at the European Central Bank. This will lead to stronger EUR/USD connection Goods from plastics to newsprint were 6.2 percent more expensive in May than a year earlier, compared with 6.1 percent more in April, the Federal Statistics Office in Wiesbaden said today.
http://www.equityinvestmentideas.blogspot.com/
posted by douglas mcintyre at 1:05 PM
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