Christopher Nye
on August 10th, 2022 The euro continues to gain strength against the pound. Against the dollar, the euro has fallen gently but is still stronger than where it was this time last week.
More eurozone inflation data on the way. This morning Italy’s inflation rate will be released at 9. Markets are expecting a gentle decline from 8% to a modestly lower 7.9. If it meets expectations, this will be the first decrease after a 36-year high. On Friday, market watchers can expect to see inflation rates for France and Spain.
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