Christopher Nye
on September 14th, 2020 The euro was strong against both the pound and the dollar at the end of last week, after the President of the European Central Bank, Christine Lagarde downplayed concerns over the rising value of the currency.
Despite this, Chief Economist Philip Lane said on Friday that an overvalued euro “dampens the inflation outlook.”
There will be a series of data releases for the Euro Area this week, including industrial production figures today and inflation rate data on Thursday.
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