Single Currency Lifted, Conference Board Awaited
12/27/2017 12:24 PM UTC
The Euro/Dollar pair has risen 0.24% to trade at 1.1887. Today the US will release Conference Board Consumer Confidence and Pending Home Sales. Housing Starts marked 1.30M. New Home Sales increased to the 10-year maximum of 733K. On Friday, Germany will announce Final Consumer Price Index, which can boost euro. In November, CPI was up 0.3% (maximum of four months). Eurozone annual average inflation rose from 1.4% to the maximum of 1.5%. European Central Bank improved its projections about economic growth and inflation for 2018.