The euro remains on the backfoot following ECB President Christine Lagarde’s pointed refusal to be influenced by the USA’s rising inflation level, and the single currency duly has weakened by around a quarter of a percent almost across the board over the past 24 hours.
The data continues this morning with final inflation results for France and Spain, as well as a speech from ECB policymaker Frank Elderson. Matters then quieten down until Tuesday’s ZEW Economic Sentiment Index for Germany and the eurozone.
EUR/USD past year
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