020 7898 0500The single currency slid from its elevated level as ECB President Draghi stated ‘there is no reason to deviate from the indications we have been consistently providing in the introductory statement to our press conferences.’ This reduced the belief that we’ll see the ECB taper its quantitative easing measures.
It’s going to be a fairly quiet day for the eurozone today as both France and Germany are on bank holiday in observance of Ascension Day. No tier-one economic data is scheduled for release.
