EUR

France November preliminary CPI +3.4% vs +3.7% y/y expected

• Latest data released by INSEE - 30 November 2023

France Q3 final GDP -0.1% vs +0.1% q/q prelim

• Latest data released by INSEE - 30 November 2023

Germany October retail sales +1.1% vs +0.4% m/m expected

• Latest data released by Destatis - 30 November 2023

European Central Bank President Lagarde is speaking Thursday

EURUSD weakens as German CPI disappoints, paving the way for EU CPI data tomorrow

• The weaker than expected German preliminary CPI data has led to a softer EURUSD in trading today, setting the stage for the upcoming EU CPI data.

Germany November preliminary CPI +3.2% vs +3.5% y/y expected

• Latest data released by Destatis - 29 November 2023

Eurozone November final consumer confidence -16.9 vs -16.9 prelim

• Latest data released by the European Commission - 29 November 2023

Saxony November CPI +3.9% vs +4.5% y/y prior

• Latest data released by Destatis - 29 November 2023

Bavaria November CPI +2.8% vs +3.7% y/y prior

• Latest data released by Destatis - 29 November 2023

Spain November preliminary CPI +3.2% vs +3.7% y/y expected

• Latest data released by INE - 29 November 2023

Germany October import price index +0.3% vs -0.1% m/m expected

• Latest data released by Destatis - 29 November 2023

North Rhine Westphalia November CPI +3.0% vs +3.1% y/y prior

• Latest data released by Destatis - 29 November 2023

Heads up: Germany states' CPI readings due later today

• German states will be releasing their CPI prints for November today

Morgan Stanley: Top trade for 2024 - Selling EUR/USD, targeting parity by end of Q1

• Morgan Stanley stays bearish on the euro

EURUSD soars to new heights, bulls take charge

• The EURUSD pair is extending its range to the upside, with buyers pushing the price higher. Moving above key retracement levels, the pair is showing strong bullish momentum.