United States Net Long-Term TIC Flows above forecasts ($128B) in May: Actual ($232.7B)

United States Net Long-Term TIC Flows above forecasts ($128B) in May: Actual ($232.7B)
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Euro gains as softer US inflation weighs on US Dollar

EUR/USD trades higher near 1.1420 on Tuesday as the US Dollar (USD) weakens following softer-than-expected United States (US) inflation data. The Euro’s recovery remains mainly driven by broad Greenback selling rather than Eurozone developments.
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