It’s been a choppy week so far for the euro against the dollar and the pound however, this morning the euro is stronger against sterling and weaker against the dollar compared to this time last week.
European Central Bank’s president Lagarde will speak on inflation today at 2:30pm UK time.
Tomorrow Germany’s inflation YoY inflation rate will be announced. Markets are expecting inflation to hit double-digits with September’s rate forecast at 10%. Consumer prices in Germany have been rising in the wake of the growing energy crisis, as well as ongoing supply chain interruptions.
