Lagarde’s Optimism on Europe’s Economy Triggers Euro Rally

FRANKFURT—European Central Lender President Christine Lagarde sounded an optimistic tone on the eurozone’s stuttering financial recovery and the strength of the euro, sparking a rally in the currency, as the bank still left its policy blend unchanged whilst it screens the effect of Covid-19.

ECB President Christine Lagarde reported the bank is paying out close consideration to the currency, highlighting its current gains towards the dollar and other folks as a drag on inflation, and introducing that the eurozone economy is suffering from a sturdy rebound from…