07/20/09 3:00 pm - Euro vs Dollar Fundamental News

With little in the way of fundamental news on the economic calendar, for either Europe or the US today, trading in the euro to dollar, may well be characterized by yet more sideways movement and random price action based on rumour and speculation. The only news of any substance in Europe this morning is the German PPI index, which measure the change in the price of goods sold by manufacturers. It is generally considered to be a leading indicator of consumer inflation or deflation – when

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