Switzerland Producer and Import Prices (MoM) came in at -0.4%, below expectations (-0.2%) in January

Switzerland Producer and Import Prices (MoM) came in at -0.4%, below expectations (-0.2%) in January
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EUR/USD dips below 1.11 as Stoxx 50 rallies 1%

The offered tone around EUR strengthened due to the rally in the European equities, pushing the EUR/USD below 1.11 levels.
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