Christopher Nye
on June 18th, 2019 The euro showed strength against both the pound and the dollar yesterday, and is still up today after strong wage growth data. For the first quarter, wage growth in the Eurozone rose at 2.5% and at the fastest pace in 10 years. This comes even as the manufacturing sector suffers amide weakening global trade.
The euro was also helped by poor US economic data.
Today, German ZEW figures will be released, as well as inflation and Balance of Trade figures.
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