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At 14:30 (GMT+2), May data on the US producer price index will be released, reflecting changes in wholesale prices (including raw materials, semi-finished products, and finished goods). It is likely to decline from 1.4% to 0.7% MoM, while the base indicator is expected to ease from 1.0% to 0.5%, respectively, which would undoubtedly exert downward pressure on the US dollar.
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