EUR: Euro strong ahead of inflation figures

The euro is still strong against the dollar this morning after making gains over the past week and month.

The Eurozone’s GDP figure for the first quarter of this year was released yesterday. As forecast, the economy shrank 0.6% quarter-on-quarter in January-March 2021, entering a double-dip recession. Year-on-year, the economy shrank by -1.8%, the fifth consecutive quarter of contraction.

Today, the European Central Bank will publish its Financial Stability Review. Inflation rate figures for April will also be released.

Get a quote or
Thank you call handler
Speak to an expert 020 7898 0541

Find out how we can help you

Let us know a little more about your upcoming currency exchange needs. We aim to take the uncertainty away by providing guidance on which services suit your individual requirements. You can then rest, assured your money is not at the mercy of the currency markets.

Secure and efficient transfers

Secure, quick and efficient transfers. Authorised by the FCA.

Protect against risk

Avoid losing money and protect against currencies moving against you.

Dedicated trader

Dedicated currency trader working with you to get the best value for your money.

Refer a friend or business

Recommend our services to your friends, family or colleagues and earn great rewards.

Make a referral
Share to...
BlueskyBufferCopyFlipboardLinkedInMastodonMessengerMixPinterestPocketPrintRedditSMSTelegramThreadsTumblrWhatsApp