The EUR
On Tuesday, German consumer confidence numbers for March will put the EUR/USD in focus. Recent consumer confidence reports highlighted a grim outlook for spending. An unexpected fall in confidence could signal a prolonged economic recession.
The French and German economies will be under the spotlight on Thursday. Q4 GDP numbers from France and German retail sales and unemployment figures will need consideration. However, French and German preliminary inflation figures for February will impact the EUR/USD more. Hotter-than-expected inflation could reduce bets on an April ECB rate cut.
On Friday, manufacturing PMI numbers and preliminary Eurozone inflation figures will be in focus. The PMI for Italy and revisions to the Eurozone Manufacturing PMI would influence buyer demand for the EUR/USD. However, the CPI Report will be the focal point for the markets and the ECB.
Beyond…
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