Jonathan Cook
on December 11th, 2023 EUR/GBP traded mostly flat last week, while the euro lost some value against a resurgent US dollar.
The eurozone has made good progress in is fight against inflation. Will recent figures from Germany, France, Spain and others prove enough to lower rates on Thursday? That seems unlikely, although there is a sense that cooling inflation may allow the ECB to cut sooner and more aggressively than had been expected.
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