The euro was little changed at around $1.185 at the start of February, hovering near a four-year peak of $1.20 touched last week. Markets are widely expecting the European Central Bank to keep interest rates unchanged on Thursday, mirroring the Federal Reserve’s latest decision, as policymakers assess the impact of a weaker US dollar and a wave of low-priced Chinese imports on the inflation outlook. The ECB has kept monetary policy steady since June, and investors do not anticipate meaningful changes in the coming months, as the eurozone economy shows signs of resilience and inflation remains close to target. While officials say policy is in a “good place,” risks are building on the horizon. Last week, ECB policymaker Martin Kocher warned that further euro strength could push the central bank to resume rate cuts. Meanwhile, his colleague Fran