The single currency has gained in a fairly minor way on the pound, Norwegian krone and Swiss franc this week, but more generally it’s been a week of losses.
Germany’s Ifo Business Climate data has just come in below expectations at 85.7.
Later today ECB president Christine Lagarde will be talking at Jackson Hole in a speech entitled: “Structural Shifts in the Global Economy”.
The big event of next week will be GfK Consumer Confidence for Germany on Tuesday, then some inflation data midweek, including Spain’s which was 2.3% last month, and Germany where it was 6.2%.
EUR/USD past year
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