EUR/USD. Preview of the week. IFO data, Consumer Confidence indicator, PCE Core Index
The penultimate week of December promises
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The penultimate week of December promises to be not as eventful as the previous one but still interesting. Last week, the Federal Reserve and the European Central Bank delivered their verdict, outlining their intentions: Fed officials unexpectedly took a dovish position, while the ECB assured the markets that in the foreseeable future (at least in the first half of 2024) all parameters of monetary policy will remain unchanged. Obviously, the most important economic reports are capable of adjusting the position
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