Negative stability of the euro in single currency against the US dollar at the beginning of the week

Dubai – Bassam Rashed – The single currency of the United States. European Union has fluctuated in a narrow range The economic data expected Monday by the economies of the euro area and the US economy is the world's largest economy.

At 4:37 GMT, the EURUSD fell 0.03% to 1.1654 from the opening at 1.1657 after recording a low of 1.1650 and a high of 1.1665. . Markets are currently looking for the largest economies in the region. The initial reading of the consumer price index in Germany could reflect the acceleration of growth to 0.4% vs. 0.1% in June, while the annual reading of the same index The annual reading the same indicator on the Spanish economy, the fourth largest economy in the euro area, could also reflect a growth of 2.3%.

On the other hand, the markets are looking for housing market data revealed by the US economy with the publication of the existing home sales index, which could reflect a rise of 0 , 2% against 0.5% in May. The US GDP growth rate for the second quarter was the highest growth rate for the world's largest economy since 2014, with growth of 4.1%.