The euro declined against most major currencies yesterday, apart from the British pound, against which there were plenty of ups and downs but nothing that stuck.
Yesterday, construction output for the eurozone was well ahead of forecasts at 2.3%. On the other hand inflation was 9.9%. This is a rise from last month but fractionally below expectations.
A relatively quiet day for data tomorrow but there will be business confidence in France for October and also producer prices for Germany. These are both forecast to have declined from last month.
EUR/USD past year
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