Eurozone news played second fiddle to influential factors elsewhere yesterday as the escalating situation in Syria and the Governor of the Bank of England’s speech stole the limelight. German consumer sentiment data did not mirror Tuesday’s better than expected Business Climate data, but it is likely that the effect of the survey was diminished by other events. The single currency lost ground in the afternoon against sterling and the US dollar as Carney’s words boosted sterling’s performance and the increasing possibility of an attack on Syria leant strength to the US dollar as risk aversion returned to the market. Another wave of German data is released today, including monthly inflation figures and details of the change in numbers of people claiming unemployment benefits. Both data sets have the potential to influence the performance of the seventeen-nation currency, but equally events elsewhere may again have a strong bearing on how the euro fares in its major pairings. Call your trader now to stay on top of market volatility.