Daily digest market movers: EUR/USD climbs as lack of Fed news drops the Greenback
- ECB held rates as markets broadly expected.
- European inflation continues to ease, ECB President Christine Lagarde teases June rate cut.
- ECB Press Conference: Lagarde speaks on policy outlook
- ECB to reveal new framework for monetary policy implementation, possibly as soon as next week.
- Fed Chair Powell revealed little new on Thursday.
- Jerome Powell Speech: Fed Chair says removing restrictive stance of policy could begin this year
- Friday’s US Nonfarm Payrolls (NFP) expected to come in at 200K versus the previous month’s 353K, its highest print since January of 2022.
- NFP Preview: Forecasts from 10 major banks
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