EUR/USD Higher

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EUR/USD is trading higher at 1.0616, up 0.0045. Market chatter about the Fed meeting, along with various appearances and comments by policy makers in Europe is making the rounds. German and Euro-zone data was released overnight and had little impact on trading. Germany's investor sentiment rose to 54.8 versus estimates of 58.0. The survey had its fifth monthly advance in a row. The current conditions for Germany were 55.1, above some market chatter that it was going to come in at 49.5 For the Euro-zone inflation data, headline HICP was unchanged and as expected. Core data was moved up a little +0.7% year over year.
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