The euro has been relatively steady, helped by the fact that the oil story is global rather than euro-specific. Recent trade data out of Germany has also been a reminder that parts of the eurozone economy can still surprise on the upside. We’re getting final inflation data coming through this week. Germany’s has already ticked up to 2.7%. We’ll also be hearing from several ECB rate-setters this week. But in the meantime, the fallout from a political earthquake in Hungary.
EUR: Markets consider Orban loss
Christopher Nye
on April 13th, 2026 
