Both the ECB and the market are clearly very interested in growth prospects, especially as the relevant data prints following the December ECB gathering were mixed. On Thursday, we will get the final print for the December Services PMI surveys, but the focus will also be on the preliminary inflation report for December.
The US Dollar turned north this past week, partially losing its pace on Thursday, as speculative interest took a break ahead of the United States (US) employment figures scheduled for Friday.
/PRNewswire/ Economic activity in the services sector contracted in December after 30 consecutive months of growth with the Services PMI® registering 49.6.