The euro continued to weaken against the US dollar last week while holding off further big losses against other currencies, including the pound. Energy costs feed quickly into European politics and household budgets, and we will get a steer on how worried European (and especially German) businesses and households are with the ZEW Economic Sentiment Index tomorrow. The ECB will be watching for signs that higher energy costs start changing inflation expectations or wage behaviour.
EUR: Economic mood comes into focus
Christopher Nye
on March 16th, 2026 
