The euro strengthened against most major currencies yesterday while losing slightly to USD and the Swiss franc (CHF). Against the pound it is now very close to its strongest of the past year or so.
Yesterday was quiet for eurozone data, but later this morning we’ll see the ZEW Economic Sentiment Index for June in both Germany and the eurozone as a whole. Expectations are that confidence will have declined further but not at quite the rate of last month.
Other than that there are final readings for inflation in all the main EU nations coming in through the week.
