Frankfurt (dpa -AfX) – The price of the euro has stabilized according to its latest losses. The joint currency was noted on Monday morning at $ 1.0846 and thus something about Friday evening. The European Central Bank had recently set the reference course at $ 1.0827 (Thursday: 1.0833).
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On Friday, weak numbers had to be used in the consumer confidence in the Euro zone a little charges the euro. At the beginning of the week, the preliminary shopping manager indices for France, Germany and the euro zone are on the program for the month. Experts expect easy mood whistles in both the service sector and in the industrial sector.
In March, the prospect of new debts for armaments and infrastructure could have continued to brighten up the mood, the experts from the Landesbank Hessen-Thuringia, Helaba wrote. The same applies to the IFO business climate for Germany, which is due to publication on Tuesday. According to the experts, an increase is also evident here after a long phase of low values. However, several good ifo data is likely to be able to rely on a noticeable recovery of the economic dynamics./LA/MIS