Still riding high against GBP after last week’s near 4% gain, analysts will be looking for more evidence of Europe’s economy recovery as Covid’s second wave began to decline in Spain and France.
Industrial production across the Eurozone rose by 4.1% in July, slightly ahead of expectations, a fall of 7.7% over the year, again better than expected.
This morning we have inflation data from two of Europe’s biggest economies, France and Italy (France is already in for the year to August, as expected at 0.2%), and ZEW economic sentiment.
Market movement for EUR over the next few days will probably come from external sources, however, with further arguments over Brexit within the UK and the Fed’s interest rate decision tomorrow.
