Euro Holds Gain Before ECB Meet as Traders See Policy Maintained
- Currency climbed the most in three weeks versus dollar Monday
- One-week volatility at the lowest pre-meeting since 2014
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The euro held its biggest gain this month amid speculation that the European Central Bank will maintain its monetary policy when it meets this week.
Expectations for price swings by the common currency during the next week slumped to the lowest before such a meeting since September 2014, as a Bloomberg survey of 47 analysts showed no new stimulus is expected from President Mario Draghi when officials meet April 21.