Private DCN Private DCN - Euro

EUR: another good day for the euro

By Ricky Bean August 29th, 2018

The currency markets were understandably quiet at the start of the week, but yesterday the euro managed to continue its recent run against the dollar and make further gains. It also climbed against sterling to post its sixth consecutive day of gains.

Today, we will see the German Gfk consumer confidence for September which is expected to hold steady at 10.6. Tomorrow is a big day for eurozone economic data, with the German unemployment rate figures and a raft of sentiment data from the eurozone. We will also see the German inflation rate for August.