It was a positive start to the week for the euro, gaining against most major currencies despite its largest economy – Germany – having the worst economic performance last year in the G7. There has been a downturn against the dollar, however.
Germany’s final inflation figure for December has been confirmed at 3.7%, and later there will be a reading for Italy. However, the bigger event of the day is Economic Sentiment Index from ZEW (the Leibniz Centre for European Economic Research, based in Mannheim), for both the euro area as a whole, and Germany.
EUR/USD past year
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