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Germany Producer Price Index (YoY) registered at 33.5% above expectations (31.5%) in April

UK Retail Sales rebound 1.4% MoM in April vs. -0.2% expected

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GBP/USD oversteps 1.2480 on a lower-than-expected plunge in UK Retail Sales at -4.9%

The GBP/USD pair has witnessed some significant bids as the UK’S Office for National Statistics has reported the annualized Retail Sales at -4.9%. The
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