#Euro -0.35% : 1.0897
Europe’s money value continued dropping and fell to less than 1.09 on Monday after disappointing CPI data from Germany as investors feel strengthened in their expectation of #ECB QE infinity.
Today’s drop reason was Germany’s CPI inflation data been published that indicates decrease to less than +1.2%. economists expected +1.3%.
Market activists are now expecting more financial resources to be injected to the market by Central Bank QE considering lack of inflation growth in Europe’s greatest economy, which also weakens Euro.