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- US February Core PCE inflation comes in at 4.6%, below 4.7% expected.
- US yields hits fresh daily lows, US Dollar weakens.
- EUR/USD erases most of it day’s losses after numbers.
The EUR/USD rose from 1.0866 to 1.0895 following the release of US Core Consumer inflation that came in slightly below expectations. The figures weighed on the US Dollar that lost ground across the board.
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