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Forex News: Euro-Zone inflation and Unemployment Confirm Risks Balanced, Leaving ECB on Hold.

April 30th, 2010 Posted in Market Comments

The Euro-Zone CPI –estimate for April rose to 1.5% from 1.4% as expected which was the highest in more than a year. Increasing energy costs have started to put upward pressure on inflation, but existing slack in the region is expected to limit potential appreciation.

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