Euro futures settled in positive territory to conclude the week, rallying in four of the last six sessions. The March contract recovered from early-week softness to finish up one third of 1 percent, trading near the 118 level. Market sentiment was supported by comments from ECB President Christine Lagarde, who highlighted that inflation remains at target and economic growth is resilient. With Eurozone unemployment at record lows and GDP up 1.5 percent last year, the ECB indicated that rates remain appropriate while maintaining a data-dependent stance. Additionally, the U.S. 10-Year yield declined 5 bps to 3.97 percent, while German bond yields saw a more modest move, shifting yield differentials in favor of the euro.
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