Euro Inches Up Against Dollar with Boost from Strong Retail Sales and ECB Optimism
The Euro appreciated very slightly last week against the Dollar to end the week trading at 1.077. A strong retail sales print and hawkish speeches by ECB members helped support the common currency in a data-light week. In the week ahead we will see key growth, inflation and labour market data releases, which will likely cause more volatility
Published on 15 May 2024
The Euro appreciated very slightly last week against the Dollar to end the week trading at 1.077. A strong retail sales print and hawkish speeches by ECB members helped support the common currency in a data-light week. In the week ahead we will see key growth, inflation and labour market data releases, which will likely cause more volatility.
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