The euro has strengthened this morning and over the course of the week against the pound, US dollar and other major currencies. However, rates are on a hair trigger and likely to reverse direction at any moment.
It’s been a busy week for data and central bank speeches. French inflation came in roughly as expected this morning, as did Gfk Consumer Confidence for Germany. Tomorrow there is a slew of economic data, and watch out for ECB rate setters making speeches too.


