The euro had a strong start to the week, receiving a mild boost due to improvements in Eurozone confidence indications and better-than-expected German inflation rate data.

Later today, inflation rate figures for the Eurozone will be released. The year-on-year figure is expected to be unchanged at 0.1%.

A preliminary estimate of France’s inflation rate for June came in this morning. Annual inflation rate is expected to slow to 0.1% in June of 2020 from 0.4% in May.

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