The euro remains stable after the release of Eurozone inflation data.

Sina Finance news on March 31st, the Euro against the US dollar held steady, even though data showed that the inflation acceleration in the Eurozone in March was lower than expected, the market reaction was not significant. Preliminary estimates showed that the year-on-year inflation rate in March increased from 1.9% in February to 2.5%. Economists surveyed by The Wall Street Journal had previously expected the inflation rate to reach 2.7%. The core inflation rate decreased from 2.4% to 2.3%, in line with expectations. Due to the surge in energy prices caused by the Iran war, inflation is expected to rise. Data from the London Stock Exchange Group shows that in response, the market expects the European Central Bank to raise interest rates by 73 basis points before the end of the year. The euro was trading at 1.1469 against the US dollar, basically unchanged from before the data was released.