The single currency was unable to be pinned down yesterday, with modest rises against the Scandinavian currencies but weaker against the various dollars.
The ECB’s monetary policymakers have been meeting at the bank’s headquarters in Frankfurt, Germany, and will announce their decision at 12.15 today. Current betting is essentially too close to call between no change and a 25 basis point rise, with the ECB’s traditional unanimity apparently under threat.
Tomorrow there will be a mass of data releases, including final readings for inflation, plus wage data.
EUR/USD past year
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