020 7898 0500Wednesday saw a mixed day for the euro. It gained nearly a cent against sterling, as the post-EU Referendum fallout continues to hurt British currency. However, strong data from the states pushed the euro up to against the US dollar, before weakening slightly towards the end of the day.
French final inflation and Italian trade balance data are both due for release this morning, but are unlikely to have any significant impacts on the market, with the main focus for the euro shifting toward the German preliminary growth figures released tomorrow morning. Given that Germany is the Eurozone’s top-performing economy, any surprises could cause movement in euro markets.
If you are looking to buy or sell euros, we suggest contacting your trader now for live rates, news and currency purchasing strategies.
