EUR Low Across the Board While Inflation is Hot

== COMMENTS FROM THE ECB MEETING MINUTES ==

⦿ Despite recent higher-than-expected inflation results, the scope of prospective modifications to March predictions, particularly for the medium-term outlook, remained an unresolved question.

⦿ New evidence was unlikely to result in a significantly different or more benign inflation assessment, but it could suggest another upward revision to the inflation projection for the coming quarters.

⦿ There was widespread consensus that the situation had changed and that the inflation narrative needed to be updated.

⦿ Members agreed that the new numbers indicated that inflation was likely to continue higher than predicted for longer.

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Trade Safe - Trade Well

Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.

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