Charles Purdy
on November 30th, 2021 The euro has climbed further against almost every major currency in the wake of the Omicron variant. While the gains on the US dollar have been 0.6% and on sterling have been just over 1% over the week, the gains have been around 2.5% against AUD, NZD and the Norwegian krone (NKD).
Fuelling that will be worsening inflation data, with harmonised inflation in Germany now at 6%. Later today we’ll hear news on inflation across the eurozone.
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