Yesterday was a relatively quiet day for EUR/GBP, but the single currency swung by around 0.5% against the US dollar, ultimately winding up a little weaker than the start of the day and at a 20-month low.
This morning Markit PMI for the eurozone’s two biggest economies, Germany and France, came in above expectations, strengthening the euro and recovering most of yesterday’s losses.
Shortly we will be seeing PMI for the eurozone as a whole.


