The ECB will hold their monetary policy meeting and press conference today, where they are expected to comment on the outlook for the European economy, any policy changes and recent concerns over the rising euro.
The euro strengthened yesterday and is still strong this morning on reports that the ECB will only make slight changes to projections for inflation and output, showing that they are confident in their outlook for recovery. There could also be policy changes designed to drive the euro lower after officials expressed worries over the recent rise of the single currency. The press conference will take place today at 1:30pm.
