The Euro had already been struggling with a softer economic outlook, dovish ECB talk and upgraded odds for a rate cut in December before taking in Friday’s abysmal round of economic data.
The Euro had already been struggling with a softer economic outlook, dovish ECB talk and upgraded odds for a rate cut in December before taking in Friday’s abysmal round of economic data. Key standouts on Monday’s calendar come from German Ifo reads, Canada manufacturing sales, the Chicago Fed national activity index, and Dallas Fed manufacturing.
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