EUR
The PPI German index declined in January for the second month in a row and reached eight month lows. German PPI growth was 2,6% after 2,7% in December on the yearly basis. Economists expected the indicator to be at 2,2%.
USD
FOMC members appealed to be more patient in defining the future of monetary policy. They have noticed that the US economic growth is modest currently. The fact that the interest rates are on the current level, makes no risks for the US economic growth.
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