EUR/USD is falling modestly after the pair remained unchanged across the previous week. The pair continues to trade around the 1.0850 level after softer-than-expected monthly core PCE data on Friday and hotter-than-expected eurozone inflation figures. This week, investors are looking keenly ahead to Thursday's ECB rate decision. The central bank is widely expected to cut interest rates by 25 basis points but could adopt a hawkish tone given the region’s tick higher inflation, record low unemployment rates, and higher-than-expected negotiated wages. Before the ECB meeting, attention today is on manufacturing data from ... (full story)