Euro futures finished higher on the session, closing at 113.80 after repeatedly testing and bouncing off a one-year low of 113.25. The rebound coincided with a softer U.S. Dollar as morning economic data tempered market expectations for upcoming interest rate hikes. As a result of the recovery, the CVOL index indicated a decline in currency volatility. Looking ahead, the market anticipates inflation sentiment numbers on Friday, followed by a highly anticipated schedule next week featuring the ECB Forum at Sintra with comments from global central bank heads and Fed Chair Kevin Warsh, alongside key U.S. labor data.
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