The euro saw a boost following yesterday’s European Central Bank monetary policy meeting, where interest rates were once again left unchanged at 0.0%.
The ECB also maintained its stance that inflation can be managed by a moderately lower pace of PEPP purchases, a different standpoint to the other central banks.
ECB President Christine Lagarde countered the general market view that policymakers will have to raise interest rates next year, assuring them that the current inflationary pressures are transitory.
Today, GDP figures will be released for Germany and the eurozone as a whole.
