EUR/USD rebounds as US Dollar ticks lower ahead of US inflation data

EUR/USD rebounds as US Dollar ticks lower ahead of US inflation data

EUR/USD recovers to near 1.0270 as the US Dollar performs subduedly as investors focus on the US PPI data for December. President-elect Donald Trump’s policies are expected to boost US inflation and growth. ECB’s Rehn sees monetary policy restrictions concluding by mid-summer.

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