EUR/USD pares gains, trades below 5-DMA

The bid tone on the USD recovered in the early European session, pushing the EUR/USD pair back below its 5-DMA located at 1.1279 levels.
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Czech Republic Producer Price Index (YoY) came in at -3.7%, below expectations (-3.4%) in August

Czech Republic Producer Price Index (YoY) came in at -3.7%, below expectations (-3.4%) in August
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