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Media advisory – Eurogroup meeting of 15 June and Economic and Financial Affairs Council of 16 June 2023

Media advisory – Eurogroup meeting of 15 June and Economic and Financial Affairs Council of 16 June 2023
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Kristalina georgievaPaolo gentiloniElisabeth svantessonValdis dombrovskisAnabela reisAlfred kammerJuliana dahlPaschal donohoePierre gramegnaGeorge matlockEuropean departmentEuropean investment bankFinancial affairs councilProgramme surveillanceCommission viceEurogroup meeting

EUR/USD regains the smile and retests 1 0880

The single currency regains some balance and motivates EUR/USD to rebound from recent multi-week lows near 1.0850. EUR/USD up on weaker dollar EUR/USD

European commissionIndustrial productionState manufacturing indexEurogroup meetingInflation rate

EURUSD remains firm in multi-day highs around parity

The buying interest around the European currency remains well and sound and motivates EURUSD to revisit the parity zone at the beginning of the week.

Investor confidenceEurogroup meetingGermany constructionItaly industrial productionGermany final inflation rate

EUR/USD appears firmer and approaches 0 9900, looks to Lagarde

The optimism around the European currency remains well and sound and motivates EUR/USD to flirt with the boundaries of the key barrier at 0.9900 the f

Germany final servicesProducer pricesFactory ordersEurogroup meetingGermany balanceGermany constructionGermany retail sales

EUR/USD corrects lower and breaches 0 9800

EUR/USD starts the week on the defensive in the sub-0.9800 region following the tepid bid bias surrounding the greenback. EUR/USD appears capped aroun

Germany final servicesConstruction spendingEurogroup meetingGermany balanceGermany constructionGermany retail sales

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