After hitting its best against the US dollar since the last days of the pandemic in spring 2021, the single currency was knocked off its perch late in the week. The headline inflation number from the countries we’ve seen so far this month suggests that the regional split remains wide, which keeps the ECB’s job awkward. It’s a hectic week for the numbers, starting with final PMI results shortly then more of those inflation reports.
EUR: Market watches inflation
Christopher Nye
on February 2nd, 2026 
