Charles Purdy
on March 22nd, 2022 The euro weakened against both US dollar and pound sterling yesterday and early this morning. Indeed it has fallen steadily against most of its major rivals apart from the Japanese yen over the past week.
It’s been a quiet period for data, with no major data releases yet this week, but coming over the horizon is Markit PMI on Thursday. In the meantime there have been various speeches by European Central Bank interest rate setters ahead of the ECB Economic Bulletin on Thursday.
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