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Italy Producer Price Index (MoM) down to -0.4% in April from previous 0.4%

Italy Producer Price Index (YoY): 1.3% (April) vs previous 2%

Italy Producer Price Index (YoY): 1.3% (April) vs previous 2%
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EUR/USD retreats back below 1.1700 handle

   •  The possibility of fresh Italian elections prompts some fresh selling.    •  Dovish ECB outlook further collaborated towards keeping a lid.  
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