Christopher Nye
on December 1st, 2020 The euro is strong against the dollar on rising hopes for a vaccine and for a monetary stimulus package for the US. The euro is weaker against the pound, however.
Preliminary estimates for inflation rate in Germany were released yesterday, showing that consumer prices are expected to decrease 0.3% from a year earlier in November 2020, the largest decline since January 2015.
Today, manufacturing PMI data will be released for the Eurozone, as well as inflation rate figures.
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