Julian Benson
on December 18th, 2023 On Tuesday, the inflation rate for the euro area is forecast to decrease from 2.9% to 2.4%. Should this go to plan, it will suggest the European Central Bank’s monetary policy has been somewhat effective.
On Wednesday, investors will receive the latest on the German business climate from the Ifo. The reading is expected to increase to 88.1 from 87.3 in November. Ahead of this data, the EUR/USD has gained some strength this morning, starting the week 1.49% higher.
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