The euro is trading near 4-month lows against the dollar and is also still weaker against the pound this morning.

The economic sentiment index for Germany and the Eurozone will be released this morning, showing the level of optimism that analysts have about economic developments over the next 6 months. For Germany, this is expected to come in lower for August than last month, with 57% of analysts expecting economic improvement over the coming months.

Tomorrow morning, we’ll see inflation rate figures for Germany, which are expected to have risen in July.

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