The euro is weaker this morning due to pound and dollar strength. Despite this, the euro’s recent strength is still a concern for ECB officials.
ECB policymaker, Ignazio Visco, has said that the recent strengthening in the euro’s exchange rate is a worry and a reaction from the ECB will be needed if it drags inflation farther away from its goal.
ECB official, Isabel Schnabel and President Christine Lagarde are due to speak today. Inflation rate figures will be released on Friday after unemployment rate and manufacturing PMI earlier in the week.
