“We are very near to the peak in inflation,” European Central Bank (ECB) policymaker Francois Villeroy de Galhau said in an interview with LCI TV on Wednesday.
“ECB will do what is necessary to achieve 2% inflation.”
“French economy is overall resilient despite Omicron.”
EUJR/USD is trading near-daily lows of 1.1355, knocked down by the resurgent US dollar demand.