Germany Industrial Production n.s.a. w.d.a. (YoY) registered at 0.5% above expectations (0.3%) in July

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EUR/USD MACD higher lows indicates upside ahead

EUR/USD MACD higher lows indicates upside ahead
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German July industrial output rises 0.7% m/m versus 0.9% expectations

Industrial production in Germany returned to growth although came in below market consensus in July, official data from German Federal Statistical Office (Destatis) showed on Monday.
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