The single currency had a singularly bad day, weakening around 1% against most of the dollars, as the markets accepted that record interest rates have reached their limit and may even decline.
This morning we’re getting final reports on inflation for August, with France at 1% on the month and 4.9% year-on-year; a sharp rise from July’s 4.3%.
However, the bigger event will be the speech by ECB President Christine Lagarde at 10.45am UK time.
Next week is somewhat light on data, with the markets having to wait until Friday for flash PMI.
EUR/USD past year
From To
