EUR/USD trades on the back foot to start the week and stays in negative territory at around 1.0850 after closing in the green on Friday.
EUR/USD struggles to build on Friday's recovery gains. The technical outlook points to a bearish stance in the near term. Dovish comments from
policymaker Martins Kazaks argued that interest rates are still inhibiting growth, adding that he expects rates to continue to decline as inflation falls further. Later in the week, sets interest rates and manages monetary policy. The , Christine Lagarde. How does inflation data impact the value of the Euro? Eurozone inflation data, measured by the Harmonized Index of Consumer Prices , is an important econometric for the Euro. If inflation rises more than expected, especially if above the
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