Many analysts expect that the Bank of England, which has been struggling with high-interest pressure for three years, will announce a rate cut in two weeks.

German industrial production falls more than expected in December。However, recent German factory orders have limited the impact on EUR / USD.。

In December 2023, Germany's trade surplus widened to €22.2 billion, while a significant decline in imports and exports boded well for weak demand.。

Eurozone January inflation figures show annual inflation down to 2.8%, consistent with the market。Core CPI continues to fall to 3.3%, the lowest level since March 2022。

Last week, the ECB left interest rates unchanged, but central bank governor Lagarde did not say clearly when the ECB would cut rates.。Instead, Lagarde focused on wage growth, highlighting concerns about consumer spending and demand-driven inflation trends.。

Eurozone Consumer Confidence Index from -15 in December.1 down to -16 in January.1。

According to data released by the German Federal Statistical Office on Monday, the German economy contracted by 0 in 2023..3%, while the previous year's figures were revised to an increase of 1.8%。

Eurozone consumer prices up slightly in December 0.2%, compared to a decline of 0 in the previous month.6%。

According to reports, Germany's quarterly unemployment rate in December was revised from 5 in November..8% to 5.9%。

France's annual consumer price index (CPI) inflation in December from a nearly two-year low in November 3.5% to 3.7%。3 with market expectations.8% compared to this data is slightly mild。

Euro zone annual consumer price index (CPI) inflation rises to 2 in December.9%, compared with 2 in November.A more than two-year low of 4% has risen。

Eurozone economic data show jobless rate falls to 6 in November quarter-on-quarter.4%, compared with 6 in the previous month.5% slight decline。

Food, beverage and tobacco sales fell by 0 in November..1%, showing a negative growth trend for the second consecutive month。Meanwhile, non-food sales (excluding fuel) declined by 0.4%。

The EUR / USD is one of the world's most traded financial instruments and represents the world's two largest economies: Europe and the United States.。As we all know, the euro has become the world's largest currency, second only to the dollar。

Remittance and payment app Wise is increasing some of its fees and charges, and the company prides itself on its low-cost foreign currency exchange and transfer methods.。Nevertheless, it raised the fees associated with euro and pound payments and conversions.。

The weak shift in wording has caused infinite reverie in the market, with some arguing that the wording suggests that the ECB may have ended its rate hike cycle。

After a July rate hike was a foregone conclusion, the ECB's governing council began to grow concerned that future interest rate conditions in the eurozone could put pressure on the economy。

Markets are beginning to put pressure on dollar bulls due to recent weak data, which could lead to increased divergence between European and American currencies。

The ECB's successive hawkish views have continued to bottom the currency pair in the near term.。Before the start of the week, the euro had already recorded two consecutive positives against the dollar at weekly level.。

Germany, the "top student" of recent inflation governance, recorded an unexpected rise in the data in June.。