Germany Producer Price Index (MoM) came in at 1.9%, above expectations (0.8%) in September

Australian Dollar holds onto gains against US Dollar, PBoC leaves rates steady

The Australian Dollar (AUD) holds onto two-day gains at around 0.6985 against the US Dollar (USD) during the early European trade on Tuesday. The Aussie pair reflects strength as the US Dollar remains under pressure due to Artificial Intelligence (AI) jitters.
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Germany Producer Price Index (YoY): 6.7% (September) vs 4.6%

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