Christopher Nye
on July 24th, 2020 The euro continued to strengthen yesterday, still benefitting from news of the finalised coronavirus recovery fund.
It was unfazed by consumer confidence data for the Eurozone, which fell by 0.3 points to -15.0 in July 2020 from -14.7 in the previous month. This is possibly due to a rollback of restrictions in some areas.
Today, we’ll see a series of PMI data for France, Germany and the Eurozone. This should reveal more about the European economy and the pace at which it is recovering.
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