Compared to last Thursday, the euro is weaker against the dollar. Meanwhile, despite highs and lows against the pound over the course of the week, the euro remains largely unchanged from where it was last Thursday.
Germany’s annual consumer price inflation rose to 10% today in line with market expectations.
France’s annual inflation rate however, is expected to fall gently from 5.9% to 5.6%in Friday’s data release. If this happens, it will be the lowest reading since May, along with a slowdown in energy prices.
