November 30, 2023 – Written by David Woodsmith
Leave a comment STORY LINK Euro US Dollar Exchange Rate: Corrective Retreat after Euro-Zone Inflation Data
The Euro to Dollar exchange rate (EUR/USD) was subjected to a correction after failing to hold above the 1.10 level and there was further selling after Thursday’s European open.
The inflation data from France, Spain and German came in well below expectations, reinforcing expectations of weak Euro-wide data.
The headline Euro-Zone inflation rate declined sharply to 2.4%…
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