ForexLive European FX news wrap: Dollar set for first weekly drop for the year ...Middle East

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ForexLive European FX news wrap: Dollar set for first weekly drop for the year
Headlines:Major currencies stay muted in European tradingDon't forget about the bond market as we look towards the end of the weekGermany February Ifo business climate index 85.5 vs 85.5 expectedGermany Q4 final GDP -0.3% vs -0.3% q/q prelimECB's Lagarde says Q4 2023 wage numbers are encouragingECB's Nagel: It is too early to cut rates even if a move appears tempting to someECB's Schnabel: Monetary policy has had a weaker impact on dampening services demandECB's Holzmann: The main risk to rate cuts is Red Sea tensionECB survey shows Eurozone inflation expectations edge up for the year aheadMarkets:AUD leads, JPY lags on the dayEuropean equities higher; S&P 500 futures flatUS 10-year yields f

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