The markets are expecting a good day ahead for the euro, with a number of positive economic figures forecasted. Already this morning, German inflation came in at 2%, as predicted, up from an eleven-month low of 1.3%. German economic sentiment, due at 10:00am, is expected to increase almost two points and ZEW economic sentiment for the eurozone as a whole will likely see a small uptick, too. Tomorrow, Germany’s growth rate is expected to come in at 0.3% – low, but an important step in a positive direction from the previous figure of 0%.
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