The euro continued to strengthen on the back of weak growth and comments from the European Central Bank. The euro gained almost half a cent against the pound while climbing by 0.3% against the US dollar.

Germany has found itself at the centre of a storm in recent months. Weak GDP figures from yesterday will do little to build confidence, so there’s added pressure on today’s inflation and unemployment reads to show things are improving.

GBP/EUR: the past year

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