On Monday, German producer price figures for October will garner investor interest. A less marked decline in producer prices could signal an improving demand environment. Producers adjust prices to win new clients. Lower prices signal a more competitive, low-demand environment. However, prelim private sector PMIs for France, Germany, and the Eurozone will have more influence on EUR/USD trends. Higher private sector PMIs would suggest an improving demand environment for euro area private sector firms. The services sector could have more influence on buyer appetite for the EUR/USD., contributing over 60% to the ... (full story)
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2023-11-19 08:16:00Z
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