Yet another mixed day for the euro, strengthening against the dollar and yen but weakening against sterling, albeit not by much.
Yesterday there was some data on Italian inflation, but nothing to frighten the horses.
European Central Bank policymakers, like their brethren in the BoE and Fed, were speaking about monetary policy. Their chief economist Philip Lane said they would keep interest rates high until inflation was tamed, while its president Christine Lagarde reportedly told European finance ministers of her concern about oil prices, given events in the Middle east.
This morning we’ll get Germany’s ZEW Economic Sentiment Index, and tomorrow there are final euro area inflation readings.
EUR/USD past year
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