After a choppy week against the dollar, the euro remains marginally unchanged from where it started last week. Against the pound however, the euro is weaker this Monday.
In the European Central Bank’s (ECB’s ) September meeting, Policymakers remained concerned about surging prices across the eurozone, and have said that inflation is likely to stay above the 2% target for longer than expected.
Today, there will be two speeches from the central bank addressing inflation – one from ECB Vice president Luis de Guindos at 9am UK time, followed by another from Governor of the Central Bank of Ireland, Philip R. Lane at 4pm.
Tomorrow at 10am, Germany’s Zew economic sentiment index will be released.
