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The euro zone has another round of preliminary economic reports lined up while the Swiss economy has some low-tier releases up its sleeve. Take a look!

German Ifo business climate (Nov. 25, 9:00 am GMT)

  • Leading indicator of economic health based on a survey of 7,000 businesses
  • November reading is expected to tick up from 94.6 to 94.9
  • Stronger than expected results could keep the shared currency supported
  • Similar leading indicators suggested that the worst of the slowdown may be over

German preliminary CPI (Nov. 28)

  • November reading to show 0.7% decline in price levels after earlier 0.1% uptick
  • Three out of the last five releases have been stronger than expected
  • Serves as a preview for the region’s flash CPI readings due later in the week

Euro zone flash CPIs (Nov. 29, 10:00 am GMT)

  • Headline figure to advance from 0.7% to 0.8% in Nov
  • Core reading to tick up from 1.1% to 1.2%
  • Stronger than expected results could undermine expectations for further ECB easing

Technical Snapshot

  • Euro pairs are giving mixed signals early in the week, as four pairs are below their 50 MA while three are in bullish territory
EUR Pairs Moving Averages from MarketMilk
EUR Pairs Moving Averages from MarketMilk
  • Looking at stochastic reveals that EUR/AUD is already in the overbought region while EUR/NZD is approaching oversold territory
EUR Pairs Stochastic from MarketMilk
EUR Pairs Stochastic from MarketMilk
  • Meanwhile, the franc is oversold against the yen, Kiwi, and dollar based on stochastic.
    CHF Pairs Stochastic from MarketMilk

CHF Pairs Stochastic from MarketMilkMissed last week’s price action? Check out the EUR & CHF Weekly Review for Nov. 18 – 22!