020 7898 0500Yesterday saw the euro lose some of the gains it had made over the last week against sterling. Positive data from the UK saw the GBP/EUR rate push higher and it continued to do so throughout the day. Against the dollar, the euro continued making gains and reached a seven week high before some moderately strong data releases from the US enabled the US currency to strengthen.
Today brings a lack of data releases from the Eurozone, which could potentially leave the currency at the whim of both sterling and the US dollar, as both currencies have a number of significant releases throughout the day.
If you are looking to buy or sell euros, we suggest contacting your trader now for live rates, news and currency purchasing strategies.
