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Germany: Producer Price Index drops 0.1% in November

FXstreet.com (Barcelona) - On a monthly basis the German PPI fell 0.1% in November, up from the 0.2% drop in October, according to data released today by Destatis. This result is in line with forecasts.

On an annual basis PPI slid 0.8% in November, after dropping 0.7% in October, as expected.

Germany: Gfk Consumer Confidence Survey up to 7.6 in January

The German Gfk Consumer Confidence Survey rose to 7.6 in January from 7.4 in December, the GFK informed on Friaday. Market consensus pointed to no change.
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Flash: USD crosses set to digest Fed message - Danske Bank

Danske Bank Strategists note that on a day set to be quiet in terms of events, USD crosses will be digesting the Fed messages earlier in the week in a market likely characterised by waning liquidity as the holiday week approaches.
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