💡EUR/USD rise 0.1% to 1.0537, then fell sharply earlier, with multiple data releases appearing in the eurozone. France's CPI rose 4.9% year-on-year in September, while Spain's consumer prices rose 3.5%, both still above the European Central Bank's medium-term target.
💡ECB policymaker Francois Villeroy de Galhau reiterated his view on Thursday that the central bank should keep its benchmark interest rate at its current level - the highest in its 25-year history - as long as That is necessary to ensure inflation returns to the 2% target.
💡ECB policymaker Francois Villeroy de Galhau reiterated his view on Thursday that the central bank should keep its benchmark interest rate at its current level - the highest in its 25-year history - as long as That is necessary to ensure inflation returns to the 2% target.
