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Wednesday, 22 June 2022

Villeroy: Inflation is too high in France

* But French inflation is among lowest across euro area countries * Should be able to escape a recession * Jobless rate in France should stay below 8% by 2024 Even though French headline inflation may be somewhat lower as compared to other name stay countries in Europe, it is already suffering from a fallout in consumption in Q1. With inflation pressures gripping further in Q2 and still persisting as we get into Q3, that will make it tough for the economic outlook in the months ahead. This article was written by Justin Low at www.forexlive.com.
http://dlvr.it/SSd7bs

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EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0406; (P) 1.0435 (R1) 1.0452; More… EUR/USD’s down trend finally resumes and intraday bias is back on the downside. Nex...