The single currency gained almost 1% on USD yesterday but after a strong start ended the day weakening against sterling.
The drop against sterling was a result of the EU Commission president saying she was convinced that a trade deal could be reached with the UK in time.
Eurozone inflation data was as forecast, at 0.2% for the year to August. The unexpected star of European recovery continues to be Italy, with little sign of a second Covid wave, no quarantine from the UK and construction fat ahead of expectations at just 1.1% down in the year to July.
