Euro Due for More Chop as Inflation Data Point Higher; Draghi on Thursday

[BECKHAM]

Despite important data due out over the coming week, there’s not much reason to think that the Euro, broadly speaking, will be able to find much direction. Much like last week, when the Euro’s performance was largely dictated by movements in other currencies – the rally in the British Pound, the ongoing erosion of the US Dollar – the supersaturated calendar over the coming days means the Euro’s own incoming data may take a back seat.


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