Christopher Nye
on August 19th, 2020 The euro is still at fairly strong levels against the pound and dollar. It’s been well supported for a while now, ever since the EU agreed on their stimulus package to boost the EU economy in the wake of the coronavirus crisis.
Inflation rate figures are expected from the Euro Area tomorrow. Annual core inflation, which excludes volatile prices of energy, food, alcohol & tobacco and at which the ECB looks in its policy decisions, is likely to accelerate to 1.2% in July from 0.8% in June.
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