It’s been a mixed week for the single currency, with gains against the US dollar, yen and yuan, but losses against sterling and the Swiss franc.
Losses against sterling were caused by reports of the ECB likely taking a more dovish stance on inflation at its next interest rate meeting in February. We may hear more of that from ECB President Christine Lagarde who will be speaking at 10am. Get the dates of major central bank and other potentially market-moving data in our new Quarterly Forecast.
Monday will kick off with a euro-area consumer confidence reading. The markets expect an improvement from last month.
EUR/USD past year
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