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Driverless week for the euro?

By Ricky Bean August 9th, 2016

Monday saw a flat start to the week for the euro, with no data out of the Eurozone to drive the currency in one direction or the other. This reinforces the idea of a ‘driver-less’ week ahead for the euro, but international influences such as central bank decisions could cause short-term fluctuations in individual pairs such as that of the euro against the New Zealand dollar.

Today will see the release of the French government budget balance, but this is unlikely to cause much market movement. Otherwise, euro performance is more likely dependent on events elsewhere.

If you are looking to buy or sell euros, we suggest contacting your trader now for live rates, news and currency purchasing strategies.