It was a bullish month for the European majors, in spite of a end of month sell-off. COVID-19 vaccinations, economic data, corporate earnings, and stimulus delivered optimism.
Fears of reinflation sparked demand for the safety of the Greenback in the week, leaving commodity currencies and the equity markets in the red.
It was a bearish week for the majors, weighed by reinflation fears. Economic data delivered a more optimistic outlook on the economy, however.