Singapore Export Prices for August increased 14.2% annualized, and Singapore Import Prices increased 12.8% annualized. Forex traders can compare this to Singapore Export Prices for July, which increased 12.9% annualized, and Singapore Import Prices, which increased 12.9% annualized. The Singapore PPI for August increased by 17.0% annualized. Forex traders can compare this to the Singapore PPI for July, which increased 17.1% annualized.
EUR/USD is trading near the bottom of the September range, which is near the yearly low at 1.1663. The short-term sentiment remains neutral with a bearish bias as the pair has attracted sellers near the moderately bearish 20 SMA at 1.1720.
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