Forex Video | News Trade Alert | May 20, 2008
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Tomorrow’s two top news events — ZEW and PPI — have one thing in common: a TLA. So far this year, the EUR/USD has responded well to the German ZEW Economic Sentiment Indicator, scheduled for release during Tuesday’s European session. In contrast, currency moves in response to recent U.S. PPI reports have shown a less consistent track record, but increasing global attention on inflation makes this report difficult to ignore.