The euro continues to be one of the biggest losers from the mining of the Straits of Hormuz and subsequent oil price rises, especially against the US dollar, which it has lost some 1.5% against since Tuesday and has reached its weakest since last summer. We’re getting final inflation data coming through shortly and next week, and on Tuesday the influential ZEW Economic Sentiment Indexes for Germany and the eurozone.
GBP/EUR past year