In the morning, the common currency cost 1.1790 US dollars. The European Central Bank (ECB) set the reference rate on Monday at $ 1.1799.
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On Tuesday there is some noteworthy economic data on the program. In Germany, the ZEW Institute in Mannheim publishes its monthly economic expectations. In view of the tense corona situation, a deterioration in mood is expected.
In the USA, consumer price data is pending, which is of importance for the monetary policy of the US Federal Reserve. In addition, the International Monetary Fund (IMF) publishes new growth forecasts for the global economy and major economies.
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FRANKFURT (dpa-AFX)
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