The euro continued to strengthen yesterday, making up ground against the US dollar and strengthening significantly against against sterling following the release of weaker than anticipated inflation data out of the UK. The euros strength came in part due to the continuing belief that last week’s European Central Bank rate cut was over zealous given the data coming from the Eurozone. Today the president of the German central bank is delivering a speech on the current economic health in the Eurozone, which may well have some bearing on the performance of the single currency throughout the day. In terms of data, today’s most notable release in the Eurozone is the monthly industrial production data out this morning and this is likely to cause the biggest reaction in the markets. Call your trader now to see how the seventeen-nation currency performs today.