Investing in US dollars and euros is one of the most reliable ways to not only preserve but also grow capital. This method allows investors to avoid financial losses during significant devaluation of the national currency and inflation. Investing in dollars and euros is one of ...

... — Published at 07:00 GMT Germany’s industrial production data provides insight into the strength of the country’s manufacturing sector, the backbone of Europe’s largest economy. Growth here signals robust industrial demand, supporting both the euro and European indices. A weaker result may weigh on German exports, especially in the automotive and machinery sectors, potentially affecting the DAX and other European markets sensitive to German manufacturing. Eurozone Investor Confidence Index ...

... – Consumer Confidence for November The Eurozone Consumer Confidence Index measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. A higher-than-expected reading may boost the euro and European equities, while a lower reading could have the opposite effect. 14:00 GMT: Turkey – Central Bank Meeting Minutes The Central Bank of Turkey will release the minutes from its latest meeting, providing insights into the country's monetary ...

... control inflation. Goolsbee (U.S. Fed): Insights on Fed policy and the economic outlook may impact the dollar. Market Impact: ECB and Fed comments are particularly influential. Tighter monetary policy in the U.S. or EU could strengthen the dollar and euro, pressuring the ruble and Russian markets. Conversely, signs of easing policy may drive demand for risk assets, including Russian stocks. Recommendations: Traders should monitor comments from Lagarde and the Fed, as they could set the tone for currency ...

... what traders should monitor closely. Economic Events of the Day 12:00 GMT: Germany – Ifo Business Climate Index for November This index serves as a crucial barometer of business sentiment in Germany. A reading above expectations could bolster the euro, reflecting confidence in the European economy. Conversely, a weaker result might exert downward pressure on the euro, potentially benefiting the U.S. dollar. 13:30 GMT: United States – Chicago Fed National Activity Index for October This index ...