The euro hovered around $1.185, remaining close to the four-year peak above $1.20 reached in late January, supported by signals that the ECB is largely comfortable with the currency’s recent strength. At the February policy meeting, ECB President Christine Lagarde said the euro area’s inflation outlook is in a “good place,” while cautioning against overreacting to short-term or volatile data. The single currency also found support from reports that Bank of France Governor Fran