020 7898 0500Despite stronger-than-forecast German Wholesale Price Index (WPI) data, the euro lost 1.5 cents against sterling yesterday. This was predominantly due to British politics driving strength in the pound. The euro remained mostly unchanged against the US dollar, which was to be expected on a day lacking significant data releases.
Today sees a dearth of data being released from the EU, leaving the currency susceptible to volatility caused by a number of important data releases from the US, as well as ongoing Brexit-related uncertainty in the UK.
If you are looking to buy or sell euros, we suggest contacting your trader now for live rates, news and currency purchasing strategies.
