Isabel Schnabel, a member of the European Central Bank's Council, said in an interview with Bloomberg that rate cuts should be implemented gradually. This caused markets to cut rate cut expectations and led to a 0.7% rise in the euro. Technically, the price held above the 1.0450 mark against the US dollar, however, it is difficult to expect significant momentum at the end of the week as the 4-day weekend began in the United States. Of the scheduled events, only the publication of German inflation data can be a catalyst for increased volatility today.