Lagarde’s speech boosts euro

The euro recorded another positive day in Monday’s trading as comments from European Central Bank (ECB) president Christine Lagarde lifted the single currency higher. The euro gained marginally over the pound while EUR/USD advanced by around 0.15%. These are modest...


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EUR: German confidence slow to build

The Gfk German consumer confidence survey nudged up to -29 from a 11-month low of -29.6 last month. This was in line with forecasts and shows the German economy is having a hard time blowing away the cobwebs of the last few...


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USD: Steady dollar index

The dollar index held steady this morning as investors cautiously await a key US inflation report that could shed light on the Federal Reserve’s outlook on monetary policy.


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EUR: Inflation-heavy week

Investors in the euro area await inflation rate figures for France, Spain, Germany, Italy and the euro area which are due on Friday. The headline rate in the euro area is forecast to fall from 2.8% in January to 2.5% in...


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