020 7898 0500The single currency continues to rally after an inconsistent February. French purchasing managers’ index data and the Sentix investor confidence index produced positive results yesterday. However, it’s unlikely to have had a dramatic effect on the euro’s strength as it’s been political uncertainty which has been driving the single currency.
Today, German production data is released which will look to maintain rising confidence in the euro. Nonetheless, all eyes will be on the European Central Bank’s press conference and interest rate decision on Thursday.
