The euro strengthened against the dollar yesterday after US inflation figures were released. It could also still be building on strength from last week, after the European Central Bank confirmed that it would begin to slow down its pandemic bond-buying programme.
A series of ECB officials will speak today and tomorrow, including Chief Economist Philip Lane and President of the ECB, Christine Lagarde. They may shed some more light on last week’s monetary policy meeting and the markets will be listening closely for any comments about inflation and tapering.
Industrial production figures for the Eurozone will be released this morning, followed by inflation rate data on Friday.
