The euro has weakened slightly against the pound and the dollar this morning following comments from European Central Bank officials.

Yesterday, several ECB policymakers gave speeches, including Chief Economist Philip Lane who said that he doesn’t see bottlenecks getting any worse or inflation moving above the ECB target.

Later today, President of the ECB Christine Lagarde will speak. She has consistently maintained her stance on not raising interest rates in 2022, but while markets are not expecting her to change her mind, any surprises could impact the euro.

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