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ECB: Eurozone saved from second-round inflation effects

ECB officials agree the Eurozone is still saved from second-round inflation effects; the Euro falls 0.16% to near 1.1178 vs USD amid surging US bond yields.

Original · FXStreet AI summary of public reporting

Why: Surging US bond yields pressure EUR

EUR
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At publication → Current
EUR1.118 → 1.12+0.2%
para:10Y— → ——
ECB: Eurozone saved from second-round inflation effects | SignalHub