The EUR/USD pair is in range bound in and tight trading, as European markets are closed due to Labor Day but in US,personal income in March raise by 0.2%, less than expected, while spending remained flat. Core PCE inflation fell monthly basis by 0.1% as expected, whilst the annual reading came in at 1.6%, below previous 1.8%. Tepid inflation figures cooled the case for a June rate hike ahead of Fed's meeting later this week will be the key to break range bound.
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