A positive day for the euro saw wide-ranging if modest gains against all major rivals.
There were final results for manufacturing PMI across the eurozone, with the stand outs being Germany’s falling to 40.6, its lowest since the pandemic (as was the US’s), but French and Italian being better than expected.
Today there’s just been data on employment Spain, with a drop of over 50,000 taking it to the lowest level for 15 years. This comes despite the steep drop in inflation.
EUR/USD past year
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