EUR/GBP softens below 0.8450 as weaker UK data boost BoE rate cut bets

The EUR/GBP cross trades with mild losses around 0.8440 during the early European session on Monday.
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Germany Producer Price Index (MoM) below expectations (0.3%) in December: Actual (-0.1%)

Germany Producer Price Index (MoM) below expectations (0.3%) in December: Actual (-0.1%)
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