EUR/USD Hits Weekly High Ahead of Eurozone HICP Report
EUR/USD surged to a fresh weekly high near 1.0580 in European trading on Friday. This increase comes ahead of the flash Eurozone Harmonized Index of Consumer Prices for November. Investors expect the report to reveal accelerating inflation rates. Analysts project the annual headline and core HICP to reach 2.3% and 2.8%, respectively. Currency traders should prepare for volatility as these figures are unveiled. The market eagerly anticipates how this data could shape the euro’s future. Stay alert for any repercussions on major currency pairs following the release.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]