Last week was generally strong for the euro, although its strong performance against the US dollar waned towards the end. Whilst some fluctuation was seen against sterling on the Friday, the single currency finally lost ground against the US dollar after reaching record highs earlier in the week. This week, European Central Bank (ECB) president Mario Draghi is once again delivering a mid-week address, this time in the English university town of Cambridge. Last week Draghi’s words gave the euro a boost and helped the euro-dollar rate to push over the 1.36 level. Investors will be again paying close attention to see if this week’s speech can have a similarly influential effect. Following this, Draghi will be moving swiftly across the pond to speak in New York on Thursday at the Economic club. A range of data is also set to be released throughout the week including German factory orders data on Tuesday, German industrial production data on Thursday and the ECB monthly bulletin on Thursday. Call your trader now to see what the week ahead holds for the euro.