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Euro zone August producer prices pretty much as expected

By   || October 2, 2009 at 09:03 GMT
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Euro zone August prodcuer prices have come in at +0.4% m/m, -7.5% y/y, pretty much in line with median forecasts of +0.4%, -7.6% respectively.

EUR/USD sits at 1.4550, little changed on the day. Any movement seems to be merely position adjustment ahead of US jobs data.

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