Christopher Nye
on April 16th, 2021 The euro reached a fresh April high against the dollar yesterday but has since weakened after US retail sales far exceeded market expectations.
The single currency continues to be supported by an increase in vaccinations and optimism over economic recovery.
Later this morning, inflation figures for the Eurozone will be released. Inflation is projected to rise to 1.3% year-on-year, the highest since the start of 2020.
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