Charles Purdy
on August 15th, 2022 Today the euro has strengthened against sterling but has weakened against the dollar.
In the eurozone this week, market watchers will be keeping a close eye on Germany as the ZEW Economic sentiment index will be released on Tuesday. The figures are currently forecast at -61, suggesting levels of economic optimism in Germany are low. Concerns regarding energy supplies in Germany, as well as the European central Bank’s interest rate hike are some of the reasons for this low optimism.
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