Yesterday, headline inflation figures in the euro zone remained far below market expectations, followed by the European Commission's economic forecast statement. The economic slowdown at the beginning of 2018 will likely be temporary, while the complex Outlook in the employment market will continue to be highlighted. Yesterday, Peter praet, a board member of the European Central Bank, said that monetary expansion could continue. On the US side, while the Non-Manufacturing Purchasing Managers Ind…
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EURusd overview
We spent last week in terms of news flow and data-intensive U.S. Non-Farm Payrolls estimated with over 228 thousand respectively. When you look at average hourly earnings, was announced as 0.2 percent. The unemployment rate last month took place in parallel with data. When we look at data for the euro area, Germany's foreign trade balance German factory orders below expectations met expectations while giving in excess of 19 billion euros to 900 million showed. Euro-zone PPI figures remained belo…