Market Comment | The EUR halted its appreciatory trend,due among other things to inflation

Summary

Inflation data in the EZ halted the EUR’s appreciatory trend. Today’s inflation data in the EZ disappointed in March, with both headline and core inflation increasing less than expected, leading to a significant decrease in market inflation expectations (5Y5Y inflation swap fell to 1.54%) in EZ. The decline in inflation was also reflected in German […]

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