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EUR: can the euro continue its run on the back of positive data?

By Michael Cooper August 21st, 2017

The euro stayed relatively range bound on Friday as the markets paused for breath following a turbulent week. It was a quiet day on the economic data front in the eurozone, with very little released other than German inflation data which came out slightly higher than anticipated at 0.2%.

This week the main releases to keep an eye on will be the manufacturing and services PMI figures that are released across Europe on Wednesday. Outside of this, we also have German economic sentiment and business climate figures released.

Economic news has been relatively strong from the eurozone of late and if we see further evidence that the overall economy is performing well, you can expect to see the euro continuing its rich run of form.