The Economic Senitment Index for the Eurozone and Germany will be released today. It measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The German figure is expected to show a slight fall from July’s reading, perhaps due to worries over the coronavirus pandemic.
The euro was struggling against the dollar and the pound yesterday, due to an improved outlook for the UK economy and the dollar resuming its safe-haven status.
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