• 2 months ago
Euro holds strong ahead of key Eurozone wage data and ECB decisions
Transcript
00:00The euro remained steady near a 13-month high against the dollar following strong
00:04eurozone business activity data and in anticipation of wage growth figures
00:09that could influence European central bank interest rate decisions.
00:14The euro has been bolstered by a weaker dollar due to dovish signals from the Federal Reserve
00:19and signs of a slowing US job market. Despite a dip from disappointing German business activity,
00:25the euro rebounded on stronger-than-expected eurozone-wide data,
00:30with upcoming wage data set to further impact its direction.

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