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The major currencies are taking a breather and consolidating in the aftermath of Tuesday’s rocketship run on the back of the softer US inflation data. Looking ahead, all eyes will be on important US data reads in the form of producer prices, retail sales, empire manufacturing, and business inventories.Video Length: 00:00:58More By This Author:Market Responds Aggressively To US Inflation Data Investors Let Down By Good News It’s All Relative In The World Of FX