The latest monthly Consumer Expectations Survey by the European Central Bank showed on Monday that Eurozone inflation is seen a tad higher for the year ahead in November.
Key takeaways
Inflation expectations over the next year rose in November to 2.6% from 2.5% in October.
Inflation expectations three years ahead rise to 2.4% from 2.1%.
Economic growth expectations became more negative, growth seen at -1.3% over next year vs -1.1%.
Market reaction
EUR/USD is holding firm near 1.0430, up 0.36% on the day at 1.0578 as of writing.
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