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The European Central Bank is expected to keep rates steady as euro-zone data shows improvement.

The ECB is likely to keep interest rates steady, boosting confidence in economic growth. With the Bank of England cutting rates, the EUR/GBP is expected to rise towards 0.9000 next year. – vtmarketsmy.com

Eurozone construction output rose by 0.5%, up from a previous decrease of 0.3%

Eurozone construction output rose 0.5% year-on-year in October, signaling economic resilience amid inflationary pressures. Market volatility is expected as traders navigate shifting rate cut timelines and emerging growth indicators. – vtmarketsmy.com

Eurozone construction output rises by 0.9% after a previous decrease of 0.5%

Eurozone construction output increased by 0.9% in October, signaling a possible economic rebound. However, persistent inflation and sluggish growth complicate future monetary policies, prompting cautious market behaviors. – vtmarketsmy.com

US Dollar stays within a narrow trading range while awaiting November CPI

The US Dollar hovers around 98.55 as inflation concerns impact rate cut expectations. With upcoming CPI data, traders eye potential breakouts while major assets like gold and Bitcoin face pressure. – vtmarketsmy.com

Analysts from Société Générale note that EUR/USD is facing key resistance near 1.18 after a rebound.

EUR/USD is testing key resistance at 1.1800, with potential for a breakout depending on upcoming US CPI data. Traders should consider options strategies for volatility as market dynamics shift. – vtmarketsmy.com

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