Forex
Euro Holds Steady as German Industrial Production Disappoints
The euro is maintaining its position against the US dollar (USD) on Monday, holding just above $1.1610 after exceeding $1.1640 levels last week.
A recent data release from Germany showed a decline in industrial production of 1.1% in July, contrary to market expectations of a 0.3% increase.
The European Central Bank's (ECB) monetary policy decision is due on Thursday, and the eurozone will be closely watching the outcome.