Falling services PMI helped European currencies advance at the expense of the US dollar on Friday. After a prolonged spell of strength, last week ended with a more balanced tone than the giddy mania that has been pervasive since the election.
EUR/USD: the past year
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business account manager on 020 7898 0500 or your Private Client Account Manager on 020 7898 0541.


