ECB’s Villeroy: The inflation peak could even come before June

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“We should see a peak in French inflation in first half (H1) this year and inflation should then go down,” said European Central Bank (ECB) policymaker Francois Villeroy de Galhau on Thursday per Reuters.

EUR/USD grinds higher around 1.0735 following the news amid broad US dollar weakness and upbeat comments from ECB official.

Also read: EUR/USD pares weekly losses above 1.0700 amid Fed vs. ECB battle, German inflation, EU economic forecasts eyed

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