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Germany Producer Prices

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A detailed image of Euro and US dollar banknotes scattered, symbolizing global currency exchange.
FORECASTS46D
U.S. Dollar Advances as Rising Treasury Yields Pressure Major Currency Pairs
The U.S. dollar started the week on firmer footing as higher Treasury yields reinforced expectations that inflation risks could keep policy conditions tight. EUR/USD and GBP/USD moved lower, while USD/CAD rebounded after softer Canadian inflation data and USD/JPY gained with yield support.