A combination of general USD strength and dovish ECB comments sends EUR/USD lower. A further move lower or a bounce? The euro faces the ZEW hurdle but the big event comes from the US and the inflation figures. Even a small miss seems good enough for the greenback, at least for now. For the pound, inflation is a real soft spot, as we know from the BOE. Markets are getting busier. Wrap up of the morning show:

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