020 7898 0500Yesterday, the euro softened on a fairly quiet day for economic data. It was hoped that the European Central Bank President Mario Draghi would be transparent with regards to the direction the ECB will be taking on its monetary policy at the Jackson Hole Symposium.
However, a source close to the ECB has stated that Draghi will hold off revealing any new information until the autumn.
It is a slightly busier day in the calendar for the region with the release of the inflation numbers and the trade balance.
