EUR: ECB rate setters to speak

The euro gained slightly on the pound last week, but lost around 0.5% against the US dollar.

Several members of the European Central Bank’s (ECB’s) interest rate committee will be speaking early this week, in the wake of the ECB raising rates for the 10th consecutive time last week but suggesting that this will be the last for a while.

Then tomorrow morning there will be a final inflation rate report for August for the eurozone, which is expected to confirm a monthly rise of 0.6%.

EUR/USD past year

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