EUR/USD recedes from fresh tops near 1.0880 – by pabspiovano EURUSD Currencies Majors
The dollar gathers some traction after dropping to new lows.The European currency starts the week in a positive fashion and liftsEUR/USD remains supported by risk-on sentiment
In the German money market, the 10-year Bund yields kick in the wek marginally on the defensive below the 2.20% level so far. Back to the euro area, the increasing speculation of a potential recession in the bloc emerges as an important domestic headwind facing the euro in the short-term horizon.: Eurogroup Meeting – ECOFIN Meeting, Germany Final Inflation Rate / ZEW Economic Sentiment, EMU ZEW Economic Sentiment, Italy Final Inflation Rate - EMU New Car Registrations / Final Inflation Rate – ECB Lagarde, ECB Accounts - ECB Lagarde .
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