The euro had a quiet day against both the USD and GBP. German’s February inflation figure came in at 1.5%. This was slightly higher than last month and slightly lower than expectations.
What excitement there was came from President Trump threatening to tariff EU products if they refuse to talk about a trade deal. This was after the European parliament failed to back the launch of talks between the two large trading blocs.
Today’s biggest releases are the Eurozone’s inflation rate, forecast to be slightly raised at 1.5% for the year and 0.3% for the quarter after deflation in the previous quarter of 1%.
