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Jul 15 - 08:36 AM
EUR/USD - To Be Weighed By A Weaker ZEW And A Lack Of Inflation
First appeared on eFXplus on Jul 15 - 06:50 AM
  • Germany's July ZEW released tomorrow seen weaker at -22.3
  • Range of forecasts -30.0 to -14.2. -24.7 in Oct 2018 was low since 2012
  • Euro zone HICP due July 17. F/c steady at just 1.2% yy
  • One core measure seen just 1.1%. last lower in early 2017
  • Continuing soft patch to fuel expectations for ECB easing during quiet spell
  • Quiet market force traders towards carry trade. Deeply neg rate to hurt euro

German ZEW Click here

EZ HICP Click here

Source:
Refinitiv IFR Research/Market Commentary

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