It was all downhill for the single currency yesterday, with losses of between 0.2% against the British pound and as much as 1.3% against the Chinese yuan adding up to its worse day for over a month.
Taking the week as a whole, however, it’s a more mixed picture, with sharp losses against the Canadian and US dollars but gains on NZD and sterling.
Next week is a busy one for the eurozone, with the ECB’s interest rate decision on Thursday sitting amidst market-moving events including PMI on Monday, Germany’s business ‘climate’ on Tuesday and eurozone-wide inflation on Friday.
EUR/USD past year
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